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Al-Watania shares slight resistance after rebound
The stock of the National Insurance Company "Wataniya" bounced back from the support level of 12.00 SAR after its decline in May, facing resistance around 13.40 SAR. Technical indicators suggest a continuation of the bullish momentum, with the potential for prices to rise towards 13.72-14.10 SAR. Breaking above the 14.10 SAR resistance would be a positive signal reinforcing the upward trend. The technical analysis indicates a temporary short-term improvement following a period of weakness in the stock's performance.
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