Stocks Higher As Facebook, 4 Others Reach New Buy Zones

This is source I found from another site, main source you can find in last paragraph

XAutoplay: On | OffThe stock market was at session highs in afternoon trading Monday as

Facebook (FB) solidified a new buy area.

The Nasdaq composite — on the strength of biotech, other medicals, internet and some tech stocks — led with a 1.3% increase. The S&P 500 rose 0.8% and the Dow Jones industrial average ticked up 0.6%.

Dow component

Boeing (BA) saw heavy trading. Shares climbed 1.3% to a new high after the plane maker announced a new version of the 737, the Max 10, at the Paris air show.

Volume was lower across the board, but that was expected following the heavy trading Friday on quadruple witching expirations. Winning stocks led losers by 2-to-1 on the NYSE and 9-to-4 on the Nasdaq.

Facebook rose more than 1% and is building on its new entry, created last week when the stock found support at the 50-day moving average. Shares are now up 3% from the 50-day average, which shows the stock rising from the key level and still in range of a secondary buy area.

Several smaller stocks moved past buy points and were also in new buy areas.

This is source I found from another site, main source you can find in last paragraph

Source : http://www.investors.com/market-trend/stock-market-today/stocks-higher-as-facebook-4-others-reach-new-buy-zones/

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