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Amiantit Shares Test Support Levels
The Amanyt Saudi stock is experiencing persistent selling pressure, prompting it to test critical support levels between 11.81 and 12.00 riyals. This occurs amid an ongoing downtrend that started some time ago. Technical indicators, such as the ADX, show strong negative momentum. Despite attempts at recovery earlier in the year, the stock has failed to stabilize above key resistance levels at 13.20 riyals. This failure opens the door for further decline toward levels of 11.60 and 11.18 riyals. Meanwhile, the 13.20 riyals area remains the nearest resistance point to regain an upward trajectory.
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