Breaking

Jun 18, 2021 2 mins, 28 secs
That follows a wild week for the stock market rally, in which the Nasdaq held near highs while the Dow Jones and S&P 500 index broke key support.

For investors, this could soon be a prime time to buy Amazon stock.

Snapchat parent Snap (SNAP), PayPal (PYPL), Vale (VALE) and Intuitive Surgical (ISRG) are also near buy points.

PYPL stock is in a buy zone now, while Snap, Vale and ISRG stock are closing in on entries.

PayPal stock is on IBD Leaderboard and IBD Long-Term Leaders.

Snap stock is on the IBD 50.

The stock market rally is in flux, with some worrisome signals to finish the week.

Remember that overnight action in Dow futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session.

Join IBD experts as they analyze actionable stocks in the stock market rally on IBD Live.

The stock market rally generally retreated, with techs holding up while many other sectors suffered sharp losses.

The Dow Jones Industrial Average fell 3.45% in last week's stock market trading.

The Financial Select Sector SPDR ETF (XLF) sank 6.2% for the week, tumbling below its 50-day line on Thursday-Friday.

Amazon stock rose 4.2% last week to 3,486.90.

The relative strength line for Amazon stock is at consolidation highs, but still off its 2021 peak and last year's all-time highs.

After finding support at the 50-day line, Snap stock rebounded late in the week.

PayPal stock rose 4.4% to 283.38 last week, clearing a 277.96 early entry.

The RS line for PayPal stock is off consolidation peaks, not a surprise given that PayPal stock also is off highs.

PayPal stock was Friday's IBD Stock Of The Day.

Intuitive Surgical stock climbed 1.7% last week to 878.86, moving toward an 893.89 buy point from a cup base that is part of a base-on-base pattern.

Vale stock fell 4% last week to 21.51, but it did rise 2% on Friday, rebounding somewhat from its 50-day and 10-week lines.

However, unlike many mining rivals, Vale stock did not break down last week.

If metals prices rebound and the mining sector comes back into favor, Vale stock may be among the first to flash buy signals.

Of course, if metals prices keep slumping, Vale stock likely would succumb.

A safer play is watching Vale stock for now.

The stock market rally had thrills and spills last week.

Amazon stock, PayPal, Snap and some others such as Microsoft (MSFT) are trading around buy points, but there aren't a lot of great setups right now.

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PayPal stock has gained some 11% since it reported earnings, though analysts say its disengagement from eBay still bears watching

PayPal stock has gained some 11% since it reported earnings,..

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