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Sabutco shares break sideways trend
The share of Saudi Transport Company (Saptco) rose after a period of sideways movement that lasted since April 2026, as it managed to surpass the important resistance level at 12.00 Riyals. Positive technical signals and increased trading momentum have emerged. Breakouts above higher levels have been noted, with expectations of targeting levels between 12.48 and 13.60 Riyals if buying momentum continues. Technical indicators such as RSI and MACD support this bullish trend, backed by strong support at the 11.68 Riyal level. However, the stock may decline if it falls below that level to 11.25 Riyals.
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