17 Days
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Raoom's Share Regains Momentum After Breaking Through Key Resistance Levels
The share of Rawm Commercial Company regains momentum after breaking through a key resistance level, showing positive movements as it resumes targeting higher price levels. This is supported by the breakout of a major downtrend line from the beginning of the year and active trading volumes. The stock jumped from its lowest point at 52 riyals in March and is now approaching the 75 riyal level, with an emphasis on maintaining the support level at 71.15 riyals to preserve the bullish trend.
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