Short Scalp: China Life Insurance (LFC 55.88) chart appears overextended

Rationale: Unconscionable: not guided or controlled by conscience.
My colleagues probably think I'm crazy. A stock is outperforming with unconscionable new high momentum and unparalleled bullish sentiment regarding Chinese stocks. Remind you of Internet 2000.

A short seems probable here given the stock has reached parabolic heights. Technical indicators have been suggesting an extreme overbought scenario with lofty price expectations.

Target: 52.50 daily gap area
Stop: 57.90 above today's high