VZ profit taking

It is clear that institutions are taking profit on VZ which was extremely undervalued a few months ago. This is my top single-stock value holding currently, I averaged in around the lows and plan on holding it until 55ISH dollars however long that takes. I think the stock corrects to as far as the red dashed line, there is decent support there. Morning star also recently updated the stock as a 5 star undervalued play at a 33% discount.