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Feb 24, 2026 8:01 AM

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

Despite a recent wave of analyst optimism and price target hikes for Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Charles Moon, stock strategist at Prosper Trading Academy, is sounding a bearish alarm, suggesting the stock's historic run-up is hitting a wall of resistance.

Resistance Over Support

While 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 a lot more prominent role than support will.”

Betting Against The Giant

Moon's bearish thesis centers on a technical reversion. With Alphabet trading at $311.69 as of Monday’s close, he views the $320 level as a critical ceiling that the ...