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Tadawul Group stock hits resistance
The Saudi Tadawul Group's stock is testing an important resistance level at 125.60 SAR, which coincides with the 50-day moving average. Expectations remain for continued recovery if the stock can break through this barrier and trading volumes increase. Technical analyses indicate a struggle between buying and selling forces around this level, and if the stock closes above it with increased trading activity, it could target the 128.20 SAR level, followed by resistance levels at 131.10 and 132.10 SAR, reinforcing the possibility of a continued upward trend. Since the start of 2026, the stock has experienced fluctuations between upward and downward waves, with new support and resistance zones emerging. Trading activity and volume remain key factors in predicting the stock's future performance.
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