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Get Ready to Trade Facebook, Alibaba as They Rip Even Higher

It's no secret that a handful of big tech stocks have been leading the market higher in 2017. Case in point: Facebook Inc. (FB) and Alibaba Group Holding Ltd. (BABA) .

These two mega-cap tech stocks are up 39% and 70%, respectively this year, outperforming the rest of the broad market by a huge margin. But the best may still be yet to come for shareholders this summer. That's because Facebook and Alibaba both triggered breakout moves in Wednesday's trading session, opening the door to even more upside ahead.

It's worth noting that these breakout moves didn't come out of the blue. Facebook's buy signal has been on the radar all week long, for instance.