After a great run, it is time to think about taking profits on any long positions in Whitbread and perhaps short-selling the stock, says Steven Mayne at www.egrbroking.co.uk.
The most recent highs in the price were not confirmed by highs in the relative strength index, which often foretells a change of trend. Consider shorting into a rally, targeting a return to the 200-day moving average (currently 1,654p) and placing a stop loss at 2020p.
