Wheel Thread: ♻️ (first one didn’t upload thread. Apologies)

-Wanted to share a trade I recently took on $LAZR and hopefully it can help all of you in your trading journey:

The wheel strategy and commons (shares) is still how I grow my portfolio the most over my years of… twitter.com/i/web/status/1… -To get started, let me say that I am first and foremost a technical trader not a fundamental one, so this will not be a discussion in any way on fundamentals.

I trade what the chart shows me and that’s it. Yes I will look at fundamentals but they are secondary.

Also, the way… twitter.com/i/web/status/1…

On Friday I broke one of my cardinal rules and I think it’s something everyone can learn something from.

A thread 🧵: On Thursday I tweeted out this will be a great short opportunity, and it was.

$SPY was in a rising wedge headed towards the .382 retrace.

https://twitter.com/colin_gladman/status/1580669893552181250

This has been on my heart, and I want everyone to know I’m coming from a place of inspiration, not condemnation.

I want to help.

This will lose me some followers and rub some people the wrong way, but I don’t care if it inspires 1 person to change their life:

A Thread👇 I keep getting asked “where do I start to start? How do I learn what you do?”

The answer is no secret… hard work.

We live in a society where no one wants to put in the effort anymore.

Everyone wants the results of hard work, but doesn’t want to put in the work to get there.

Here is how my cycle chart I originally posted on 3/26/22 is tracking for $AMC

I always say, not everything well be 1 for 1, but this is still tracking very well a month later.

And IMO that's what you need to see. Not starting a bars pattern from 3 days saying "I found it" This DOES NOT say "MOONday". Only that it's still tracking a month later. IF it continues to track well, I have an idea of when it'll get fun.

It is also tracking my $SPY chart as well.

It's almost like the overall market matters... wonder why I keep saying that.

$AMC #AMC

My response to @RicosTrade video (go watch), and my overall feelings.

I’ll do my best to break this all down.

Apologies this is gonna be long (I know, that’s what she said)

A thread:👇 1. Green lines:

As you can see, as Rico said, $AMC has been in a descending wedge since inception. When COVID showed up the opportunity to short into oblivion showed up and was attempted IMO.

Until, as we all know, retail stepped in and saved $AMC in January

Why I’m STILL super stoked about $AMC WITHOUT any cycle theory just quality TA.

If you don’t like dates, stop reading and unfollow or you’re gonna be pissed.

I know this looks crazy, so let me explain……

A thread 👇 1. EWT

To me this is an undeniable look that there isn’t going to be at least a big wave 5 (thick red line). We have a wave 1 in January, corrective wave 2, wave 3 in June, corrective wave 4 and now waiting on a massive wave 5. 🤔

Let me explain why I believe it’s “soon”

$AMC #AMC

Thoughts going forward:

Remember when I said if I didn’t know for sure I would say so….well I don’t know for sure. I’m confident where we are headed but I see several paths and will lay them out.

I’m not sure how long this thread will be. Going to type till done👇 I have always said 11/4 was my “big move day”, so if this happened tomorrow after hours I would be convinced this move is real.

So I have a few ideas that make a lot of sense to me.

As always, convictions are strong and emotions are tempered.

Sunday thoughts going into the week. $AMC #AMC

(Thread 👇) The Jan-June run had a major touch point that led us to what I’ve been calling the “launch pad”. It is where the .618 fib level from the Jan run met the .786 retrace level from the mini run in March. We are about to have the exact same scenario occur. I expect downside this week

The .618 from the June run is about to meet the .786 from the August run.

Now does this mean $AMC is about to head straight up? Of course not. But IT DOES mean we are about to see the same set up.

Since I have so many mew followers, I thought I’d provide and update on what happened today and how I’m feeling. To be honest if you can’t handle today, a squeeze is gonna be tough for you.

It’s all part of the plan….$AMC

Welcome everyone. 👍🏻 Lol new*

I hate you Twitter.