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Wajeeh Khan

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

Alphabet Google Citi AI

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. 

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