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‘Fakieh Medical’ tests key psychological levels
The share of "Fateh Medical" surpasses the resistance level of 38.80 riyals after a strong increase in trading volumes and breaking through the long-term moving average. This reinforces a positive outlook and opens the door for further upward movement toward levels between 39.80 and 42.75 riyals, supported by a key support at 36.88 riyals. During 2026, the stock experiences sharp fluctuations, with an attempt to recover losses after a historic low at 27.20 riyals. Short-term trends depend on surpassing the resistance of 42.80 riyals to achieve a positive trajectory.
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