# Memes: AMC Dips, Virgin Galactic Stock Jumps, GME Slipped

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Last modified: 2021-07-21

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By Paul Ebeling · 2021-07-21
Tags: Shayne Heffernan on Investments, Stocks, stock, Paul Ebeling, memes, Knightsbridge Insights
Signed: no (published before platform launch).
Nothing in this article is investment advice.

#memes #stock

[$AMC](https://finance.yahoo.com/quote/AMC?p=AMC&.tsrc=fin-srch) [$SPCE](https://finance.yahoo.com/quote/SPCE?p=SPCE) [$GME](https://finance.yahoo.com/quote/GME?p=GME&.tsrc=fin-srch)

"*The Meme Stock Trade Is Far From Over, It Is Just Beginning*"-- Paul Ebeling

AMC ([NYSE:AMC](NYSE:AMC)) stock, the biggest meme stock struggled following Tuesday's 25% gainer. The stock was down almost 1%, but remains above the Key 50-Day MA, the stock has a perfect Relative Strength Rating of 99.

GameStop ([NYSE:GME](NYSE:GME)) slipping almost 2% back under its 21-Day MA, and lost further ground on its 50-Day MA line.

Virgin Galactic ([NASDAQ:SPCE](NASDAQ:SPCE)) stock was trying light up again following Tuesday's dip. It was up almost 4% and is looking to retake its 50-Day MA.

Eventually the memes should trade based on business fundamentals, like most stocks. But for now they continue to move on the action from the retail traders. 

Have a prosperous day, Keep the Faith!

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