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Lifa Insurance shares test support levels
The share of Livestock Insurance Company has displayed notable technical movements during recent trading sessions, approaching key support levels after reaching resistance points. After successfully surpassing the 14.00 SAR level, it managed to regain upward momentum, closing around 15.20 SAR. Investors are now watching for its continued stability above the support range between 14.90 and 14.96 SAR to increase the chances of rising toward the next resistance levels at 15.39 and 15.75 SAR. It could potentially surpass these levels toward 16.30 SAR if positive performance persists, but there are risks of decline if it breaks below major support levels at 14.53 SAR.
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