Flex's share surpasses downtrend amid growth signs
The share of Al Marja'a Flexible Financing Company "Marna" has undergone a significant technical shift, managing to break through a major resistance level and the downward trend line that has been in place since November 2025, following a decline in short-term selling pressures. The stock has shown stability above important support levels around 8.48 SAR, which reinforces its prospects for continued upward movement. The first target of 8.80 SAR has been achieved, and there are expectations of heading toward additional resistance at 8.83 SAR, before attempting to reach a range between 9.00 and 9.23 SAR, and subsequently testing the main resistance at 9.48 SAR. This positive turnaround indicates a beginning of the recovery of buying momentum after periods of a downward trend, during which the lows crossed strong support levels. The main resistance level at 9.50 SAR will remain a key factor in maintaining the upward trend.
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