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Reidan shares recover from lows
Shares of Redan Food Company rebounded from its all-time low around 13 riyals, following a significant decline last year that led it to reach the January 2026 low. Recently, the stock has risen supported by high trading volumes, with resistance centered around 14.13 riyals. There are opportunities for the price to climb toward 14.50-14.76 riyals. If this level is surpassed, the stock could move toward 15.05-15.46 riyals. Conversely, the support level at 13.58 riyals remains crucial to prevent further decline.
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