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Al-Masaar Al-Shamel shares reach new highs
The share of Al Masar Al Shamel for Education has seen historic gains, reaching a new record high of 27.72 SAR supported by increased trading volume and the price's reaction to key technical levels. After breaking resistance at 24.85 SAR, the stock extended its rally toward the previous peak at 27.22 SAR and surpassed it, before entering a temporary correction due to profit-taking pressures. Currently, it is approaching a minor resistance at 26.36 SAR, and a successful close above this level with active trading volumes is key to resuming the upward trend, with targets of 28.32 and 29.04 SAR. Meanwhile, maintaining trading above 25 SAR supports the continuation of the positive momentum.
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