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Cisco Holding shares test 39.08 resistance
The article discusses the performance of the sustainable infrastructure company's stock, "Sisco Holdings," with a focus on improved buying momentum and increased trading volumes, which fuel expectations of continued upward movement. The stock has successfully pierced a key resistance level at 39.08 riyals and may head towards 40.24 and 41.60 riyals if it remains stable above this resistance. Technical data confirm that breaking this resistance and maintaining above it could support ongoing price increases, with a profit protection level to watch at 37.18 riyals. This performance reflects a positive shift in the stock’s trajectory after surpassing the 25.40 riyal zone, accompanied by heightened buying activity and the entry of new liquidity into the market.
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