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Day 2 of the Meme Stock Rally: AMC and GME

The meme stock rally continues, AMC and GME have rallied by another 100%+ overnight.

GME’s key price target is new all time highs above $119.53.

AMC is facing resistance at $10.97. My next key price targets are $13.91 and $34.98 for AMC.

AMC is Seasonally Bullish the Next Few Weeks

TrendSpider’s seasonality index reveals that $AMC has a bullish seasonality trend over the next few weeks:

+19.06% average returns the week of May 13 (this week)
-3.39% average returns the week of May 20
+19.91% average returns the week of May 27
+10.15% average returns the week of June 3

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