Saudi Ceramics shares hold key support

The Saudi Ceramics stock has recently experienced a notable decline, breaking through a key support level at 28.30 riyals. This could lead to further downward movement toward demand zones between 26.75 and 26.35 riyals, based on technical analysis. However, if the price recovers and trades back above the resistance level of 28.30 riyals, a positive outlook in the short term could be restored. Overall, the medium-term trend remains upward, as long as the support level at 26.65 riyals holds.

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