Alphabet’s stock just triggered a ‘death cross.’ Could the worst of the selloff be over?
Summary
Alphabet shares recently entered a bearish phase following a postearnings decline. Despite this downward momentum and a technical death cross, specific trading indicators suggest a potential market reversal might be approaching soon.
A postearnings skid sent the Google parent’s shares sliding into bearish territory, but some trading signals hint at a turnaround.
Source: Read the full story at MarketWatch.com - Top Stories
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