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Laden's stock nears key support level
The article concerns the performance of Ladun Real Estate Company's stock, which is facing selling pressure and testing important support near the 1.62 riyal level, with key resistance levels around 1.86 riyals. The stock is moving below a downtrend, and any breakout above the 1.86 riyal level could enhance chances of a rebound toward 1.90 and 1.95 riyals, while breaking below support at 1.77 riyals may lead to continued selling pressure and testing lower support levels. Historically, the stock showed a rebound attempt at the beginning of 2026 after sharp declines, but the pressure persisted until September, with the stock's recovery linked to maintaining stability above 1.86 riyals.
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