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Google-parent Alphabet (GOOGL) is a better short opportunity than Apple (Apple) and Microsoft (MSFT) at the moment

Investor's Business Daily
Summary
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62% Informative

Google-parent Alphabet (GOOGL) is one of the weaker stocks in the Nasdaq at the moment, having dropped 21% in the last three months .

Google is below its already declining 50-day and 200-day moving averages with a strong resistance zone between 160 and 165 .

A bear call spread involves selling an out-of-the-money call and buying a further call.

The strategy can be profitable if the stock trades lower, sideways and even if it trades slightly higher.