Money and business

Various rise in Wall Street .. American stock rises led by technology and retail

The American markets witnessed an active session that prompted many shares to rise, supported by the optimism of investors from positive economic indicators and stimulating news from prominent companies.

The gains were not exclusive to a specific sector. Rather, technology companies, software, semiconductors, and even the retail sector included at 7.07 pm during today’s trading.

Five shares topped the list of the most upward, and below we show the performance of each of them within an artistic and market analytical vision:

Super Micro Computer (SMCI)

Super Micro shared a stable increase in today’s session to close at $ 32.04, achieving gains of $ 2.22, or by +07.44%, and the company that specializes in artificial intelligence infrastructure solutions is still on the list of investor interests, especially with the continuous growth in the high -performance computing sector.

The arrow moves steadily over its moving averages, and settles on strong support levels at $ 31.2, making it a candidate to test resistors near 32.8-33 dollars if the current demand continues.

Dollar Tree Inc (DLTR)

Dollaar Tree jumped strongly during today’s trading to reach the level of 71.84 dollars, after ascending by $ 4.29, equivalent to a percentage of +6.35%, which is the highest percentage of exporting shares, and this rise came after the company announced a plan to improve the supply chain and raise the profit margin, which the market interacted immediately.

Technically, the arrow came out of a narrow cross range to a clear rising trend, and is expected to target $ 75 in the short term, especially with the improvement of trading volumes and the increase in momentum.

AppLovin Corp (APP)

Applovin’s shares closed at $ 229.22, after adding $ 9.85 to one batch, with a daily growth rate of +4.49%, and the company that works in digital advertising technology published strong performance indicators in its recent reports, which restored confidence in the stock after a period of oscillation.

And the last move penetrated a previous resistance area at $ 220, which opens the way for it to target $ 240 soon, and positive indicators are increasing, especially with large liquidity and the achievement of new peaks in the short term.

Arista Networks (ANET)

Arista Networks shares a remarkable rise to close at $ 66.93, an increase of $ 2.56, or +3.98%, and strong performance came after reports that talked about huge expansion of digital infrastructure and increased investment in networks.

The stock succeeded in breaking resistance at $ 65, which strengthens the upward view in the near term, and the moving average support the current trend, and the stock is on its way to test the level of $ 70 unless violent resistance appears in the upcoming sessions.

Lam Research (LRCX)

Although the gains of Lam Research were the least among superior shares, its performance reflects a state of stability and confidence, as it ended trading at $ 60.69, an increase of $ 1.59, or 2.7%, and the company that is one of the most important providers of semiconductor manufacturing equipment that still benefits from the growth of global demand for chips.

The arrow moves in a horizontal ups in a upscale horizontal range, and seeks to test the level of $ 61.0, which, if penetrated steadily, may lead to a new leap towards 62.0-62.5 dollars.

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