29.50 support brokenI don't want to scare true long term holders, who should probably keep holding, however, intermediate term, this now has high probabilities to go down fast.
Looking at the price movement:
- lower highs
- lower lows
- intermediate support of about 29.50 is broken
On the value side:
- The trailing PE is very high, the forward PE is ok == high expectations
If you have a gain, I would sell, otherwise, I would sell 1/2 and keep the rest.