AppLovin Corp. (APP) provides a comprehensive platform of advertising solutions. The shares rallied to $517 by March 9 – right to the 50-and 200-day averages, observes John Eade, president of Argus Research.
AppLovin’s tools enable mobile video game applications, website developers, Internet content publishers, and advertisers to reach, monetize, and grow global audiences. APP, a former market leader, has been punished in recent months along with many other software names.
The stock peaked at an all-time high of $734 on Dec. 22, 2025. It then broke down from a large double top on Jan. 30 with a large increase in volume. Price declined on very heavy volume, falling to $367 by Feb. 12.
AppLovin Corp. (APP)
Data by YCharts
APP then tested its bear-market lows in early April with a large decline in volume (a bullish sign of decreasing selling pressure). The stock has rallied since then, albeit on average volume, and a break above $517 will complete a double bottom.
We would put a stop-loss just under chart and moving-average support at $438. We would take profits at $530, beyond resistance that begins at $520 and with potential for greater long-term gains.
