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Jacque's share faces key resistance amid volume rise

Jacque's share faces key resistance amid volume rise

The share price of Al-Qassim Holding Investment Company (JACO) has been on a rising streak, approaching critical resistance levels, supported by increased trading volumes that indicate growing investor interest. This enhances the prospects of breaking through key resistance zones between 12.98 and 14.44 riyals. Its success depends on maintaining stability above the 13.50 riyal level. Technical indicators suggest potential momentum to continue the upward trend, but its continuation remains contingent upon the price remaining above an important support level. The market continues to experience tension between buying forces and selling pressures.

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