Today I want to talk about some hype that’s going on in the market because we are looking at several supernovas.
RIGHT INTO $IGC
Big players like this can be increasing anywhere from 2,000-3,000%, and the key with large market caps is finding the perfect entry.
Let’s get right into it with $IGC because it will be one to watch. This ticker came up at $2, but it looks like it will fade back down. Even though it’s full of support and trading roughly 30 million shares, it’s going to take a while to come back down so the position is to swing. Another swing trade to look at is $CRON. We’ve talked about this billion-dollar market cap previously, and I still think splitting your position is the right move. When we see these massive caps potentially balance out with solid feedback, the best approach comes in two ways: swing trade, a more passive form of trading, and then to day-trade as well, which is a bit more aggressive.
I do want to cover the mentality of trading because I mentioned aggression.