As Alphabet Plunges Below Its 50-Day MA, Should You Buy the Dip in GOOGL Stock?

Alphabet (GOOG) (GOOGL) stock is sliding this morning after a slight YouTube miss and aggressive capex guidance overshadowed the company’s overall better-than-expected financials for its fiscal Q4. The post-earnings dip made GOOGL slip below its 50-day moving average (MA) today, signaling that downward momentum may sustain in the near term. More News from Barchart Despite the recent decline, however, Google shares remain up more than 100% versus their 52-week low. www.barchart.com Why Capex Guidance ...