Sir – our personal experience in the cases of agressive and extended moves is to trail the price on 9 DMA .
In case of extended moves, where RSI looks overheated on all time-frames , trailing the price on lower DMA helps a lot.
Generally after a fast upmove ,the price starts moving in a range to cool down RSI , to come close to 20 DMA as well as to have a narrow the BB .
This can happen not only by the downward price movement but it can also happen by sideways movement in the price for sometime , this brings 20 DMA closer to the price as well as BB narrows down.
Yes one can always book profits as per his/her own comfort levels but we follow a practice of booking partial profits as like you said, price can go to any levels in a bull market and we don’t want miss a good ride. Currenly we’re trying to follow the same practice in Mazgaon where prices have gone beyond any reasonable levels.
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