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Resources share surpasses key resistance levels amid anticipation of testing 105.30 riyal barrier
The stock of Resources Human Capital Company "Resources" has experienced notable technical shifts in recent trading sessions. It successfully broke through the key resistance level at 98.40 SAR, reinforcing expectations of a continued upward trend towards 105.30 SAR. This movement was supported by a gradual improvement in trading volumes and a rebound from a major support level at 74.65 SAR. If the stock maintains above 105.30 SAR, it could continue to rise toward levels of 107.60 SAR and 109.70 SAR, with the potential to target 113.40 SAR, provided that support at 100.00 SAR is maintained.
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