Al-Tawuniya stock shows strong rise after breaking downtrend
The share of Tawuniya Insurance Company continues its positive performance with an strengthening upward trend, supported by increased trading volumes and a break above the resistance level of 143.90 SAR, which enhances the chances of continuing the ascent toward the ranges between 147.00 and 156.00 SAR. The stock also shows technical advancement by breaking through the downward channel that has been extending since the last quarter of 2024. A closing above 161.50 SAR is considered a signal to continue the upward move toward 165.10 – 169.00 SAR, with a possibility of re-testing the historical high near 172.80 SAR. It is currently recommended to raise the stop-loss level to protect profits at 153.20 SAR.
Notice: This Is an AI-Generated Summary
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