I would venture to say it is going lower. It seems that any stock that is up nicely over the past year must blow out earnings or is overcome by profit taking. I did notice the yearly guidance is well below expectations 2.55-2.65 vs. 2.85 consensus. Another point of contention for profit takers.
Nonetheless, the stock and Co. is great. I am willing to hold through a round of selling. I am sure this board will explode with shorts, swing traders, etc today. It will be amusing.
Predictions: A large selloff could drop us to ~57.50, although it may not be as bad given the sharp drop in the last week. And that is only 5.7%, very managable.