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Research and Media tests key resistance
The Saudi Research and Media Group's stock is facing a key resistance after a gradual recovery from the selling pressures it experienced since the beginning of 2026. The stock has begun to stabilize above the 59.50 riyal level, paving the way for expectations of breaking through a significant resistance at 65.10 riyals. This could lead to continued upward movement toward levels between 68.65 and 70.15 riyals, provided the price remains above 66.75 riyals and profit protection is maintained at 62.60 riyals. Market analyses indicate that the stock has entered a recovery phase following a sharp decline, with potential for further gains if buying momentum and supporting liquidity persist.
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