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Raya shares stay above support levels
The article focused on the performance of the National Medical Care Company (Raya), which showed technical stability above a key support level after a downward wave in September. Analyses highlight the stock's consolidation around the 112.50 riyal level and its steadiness near an important psychological level at 120.40 riyals, with expectations of an extension of the corrective movement if this barrier is surpassed. Additionally, data suggest that a breakout could target between 123.30 and 126.70 riyals, with support at 115.70 riyals, while 112.50 riyals remains a strong support. The stock has been attempting to recover since June from previous losses, amid investors' anticipation of its next move.
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