Parabolic moves don't seen risky. In fact, they "seem" bullish. But they're actually very risky. Qualcomm (QCOM) is a prime example. It shot up and got historically far away/above its 200-day moving average (red arrows). That distance showed the risks that were there but that hadn't been felt yet. Recently, however, you can see those risks coming to realization.

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rcwarship
rcwarship

That is quite interesting!
Thanks for the continuing education.
Best Regards, Jon