Is the Rolls-Royce share price rally over?
Image source: Rolls-Royce plc
If November continues as it’s started then the Rolls-Royce Holdings (LSE:RR.) share price will have fallen during three of the past four months. Although the drops have been relatively small, it could be a sign that the stock’s stellar post-pandemic rally could be stalling. But as the chart below shows, since the start of 2020, a swift recovery has often followed a poor run.
The bear case
I’m sure that pessimists will point out that given the stock’s relatively high valuation — the group’s currently valued at 40.2 times its forecast 2025 earnings — there’s little margin for error. If the…
