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Knowledge City share rises amid strong liquidity
Al-Madeenah Knowledge Economic Company's stock has shown a clear improvement in its technical performance during recent trading sessions, after successfully breaking through the descending price channel that persisted throughout 2026, which had begun to cause a decline since July 2025. The stock started regaining momentum as it tested the 13.18 riyal level, then surpassed its resistance at 14.50 riyals, pushing it to close at 17.10 riyals. This level supports the likelihood of continued upward movement toward targets between 17.64 and 18.10 riyals, while protecting profits at 16.00 riyals is crucial to reduce risks. Buying momentum is expected to continue if the stock remains above current support levels, with attention to the resistance zone around 17.70 riyals, which requires high trading volume to break through.
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