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Sharq's share shows rebound potential amid ongoing selling
The stock of Al Hassan Ghazi Ibrahim Shaker has been facing ongoing selling pressure since last year, trending downward with lower highs and lows. However, initial signs of technical improvement are emerging, with a positive divergence appearing on the Relative Strength Index, which increases the likelihood of a rebound in the upcoming sessions. The key support level is 14.30 riyals, while surpassing the 14.87 riyals level could support the chances of rising to 15.20 riyals and higher targets.
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