Take a look at all of your stocks on the weekly time frame with the 200-period simple moving average on it. If you have large profits and the price is very far away from this moving average (using its history on the chart as your guide), then you might consider taking those profits while the prices are extremely elevated.
...and there's the updated chart with the huge % pullback that I said ahead of time was likely to happen, just by gauging its distance away from its 200-week moving average.
Sean Hyman said: https://s3-us-west-2.amazonaws.com/maven-user-photos/seanhyman/technical-analysis/IOSU6hIfr0e_ddd3b0bprg/BSuGAFugzUaT1SNcmXHBTA
PBR is a prime example. It pulled back from the $17's to the $11's. Yet we knew and saw the risks BEFORE it happened.
Each quarter, the "big boys" in the market have to report their positions because they're so large. Once those reports are made public, it shows what stocks they're adding to or reducing their exposure in and what stocks they've recently bought or completely sold out of.