‘To the Moon’ Watchlist: November 14, 2021

by | Nov 14, 2021 | Watchlists

What’s up?! Bryce Tuohey here. I was feeling under the weather last week, so I apologize for any bad jokes Matt may have made while I was gone…

This week we saw EVs, e-commerce, and crypto stocks continue to blast past a lot of people’s expectations. These moves are pretty incredible. I’m bummed that I missed some of them.

But now that I’m back, let’s dive into a seriously juicy Sunday watchlist!

Bryce’s Picks

Newegg Commerce Inc. (NASDAQ: NEGG)

 

After a multi-month washout from a monster run, NEGG is showing signs of life again. 

This thing ripped from $12–$20 on Monday, November 8. Now it’s forming a multi-week base in the $14 area…

I’m looking for a secondary push to the $24 area over the next few days. This chart tends to work best in the afternoon, so it’ll continue to be an afternoon watch for me every day. 

(Note: NEGG should chill near VWAP as long as that multiday base continues holding…)

Bit Brother Ltd. (NASDAQ: BTB)

 

This is a weird bitcoin (BTC)-related play. There’s been some sketchy price action in BTB over the past few days. 

It kinda reminds me of the move we saw in Xiaobai Maimai Inc. (NASDAQ: HX) not too long ago. (Right when you think it’s gonna die, it has the weirdest push!)

I’ll keep this on watch as a “scalp machine” for some predictable moves to the upside over the next few days. 

This isn’t one I want to be stuck in for multiple hours at a time, due to its multiday extension. But I think BTB is definitely one to keep an eye on at key levels…

Matt’s Picks

Digital World Acquisition Corp (NASDAQ: DWAC)

 

Matt here. Bring Back The Trump Pump!

I know … I keep mentioning this stock. But I really think it has potential.

Let’s look at the big picture: DWAC went NUTS on October 22 and 23, gaining more than 1,200% in two days!

Then it dumped back to the mid-$50s and has been range-bound ever since. 

But now, the chart’s getting tighter and tighter. If DWAC catches some momentum and holds into the afternoon, $75–$80 is possible.

(Remember: this stock has a loyal and devoted following because of Trump.)

Asia Broadband (OTC: AABB)

 

What a grinder this stock is…

The chart’s currently doing what we like to call “the para-walk” (aka the parabolic walk). 

AABB is related to both BTC and the EV industry, so it’s playing in two red-hot sectors. 

Plus, the last time AABB ran, it had three strong green days in a row. I’m looking for something similar on any legitimate breakout.

Conclusion

That’s it for this week! 

If you plan on trading any of these tickers next week, remember Tim Sykes’ #1 rule: cut losses immediately. Always do your own due diligence and never risk more than you can afford to lose.

To the moon!

Until next time,

Bryce and Matt

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