Petro Rabigh shares rise toward resistance
The share of Rabigh Refining and Petrochemicals Company "Petro Rabigh" maintains its upward trend since the beginning of 2026, supported by a rebound from significant support levels and increased liquidity. The stock is expected to surpass a minor resistance at 18.47 SAR, which could pave the way to achieve price targets between 18.92 and 19.49 SAR, potentially reaching 20.10 SAR if buying strength continues. However, a return to trading below 17.73 SAR may lead to a temporary pullback and a reassessment of the trend, with a strong correlation between rising prices and increased trading volumes supporting the bullish momentum.
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