Is GOOGL Stock's Bull Run Over? Charles Moon Is Betting Against Alphabet This March, Expects 4% Decline

Resistance Over SupportWhile institutions like Wells Fargo have recently upgraded Alphabet with targets as high as $387, Moon is taking a decidedly short-term, contrarian view.On Morning Trade Live by Schwab Network, Moon noted that the current market environment has shifted from its traditional “buy the dip” mentality.“I’m looking at Google as a fade right now,” Moon stated, emphasizing that technical barriers are now more significant than historical floors.“In this environment, resistance is going to play ...