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Al Yamama for Iron's market share recovers amid upward trend
Al Yamama Steel Industries' stock continues to attempt a recovery within a corrective movement inside the main upward trend, after significant declines in May and June. The stock managed to rebound near a key resistance level at 40.30 riyals, with the possibility of continuing the rebound toward levels of 41.12 and 42.30 riyals, provided it remains above 38.85 riyals. Technical indicators point to sustained upward momentum, while the stock’s movement depends on the current support and resistance levels.
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