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Bupa shares near resistance as volumes rise

Bupa shares near resistance as volumes rise

Shares of Bupa Arabia for Cooperative Insurance are approaching an important resistance level, with the stock moving towards a technical breakout that could propel it higher. Analyses indicate stability above the support level of 155 riyals, accompanied by a noticeable increase in trading volumes, reflecting buying interest that supports the stock's attempt to surpass the resistance at 164 riyals. If successful, it is expected to head towards resistance levels between 167.90 and 169.10 riyals, with a stable price above 154.40 riyals ensuring an upward trend.

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