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Cisco Holding share stabilizes within range
The article highlighted the performance of the Sustainable Infrastructure Holding Company (SISCO Holding) stock, which is currently moving within a sideways range that began in June. The stock has successfully broken through minor resistance levels, supported by increased trading volumes. Technical data indicate that the stock is now in a horizontal fluctuation phase between a major support at 33.30 SAR and an important resistance at 38.15 SAR, with signs of gradual improvement after breaking through a minor resistance at 35.40 SAR. The report emphasizes the importance of keeping the stock above 35.96 SAR to maintain the upward trend. It is also expected that surpassing the resistance zone between 36.80 and 37.20 SAR could open the way to test the main resistance at 38.15 SAR. The report notes that the stock experienced a decline in 2024 but rebounded from strong support at 25.40 SAR before entering a sideways phase. It also reminds investors to avoid breaking support at 34.82 SAR to prevent a loss of momentum.
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