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Catrion's share faces resistance during recovery
Catrion Food Company's stock movement indicates a short-term technical recovery attempt after significant declines last year. The stock has regained key support levels and faces resistance at 70.75 riyals. It needs to break through this level and close above it to achieve a corrective wave toward 72.35-73.15 riyals. Support remains at 68.80 riyals to protect against potential declines toward 67.85 riyals. Although there are some positive signals, the technical picture still leans negative, as the stock is trading below the main resistance level of 83.15 riyals.
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