Harfey's share tests key resistance
The share of Herfy Food Services is testing a key resistance level at 16.21 SAR, as it attempts to break above the secondary downward trendline and the 200-day moving average. This is part of an effort to regain lost price levels after previous fluctuations. If the stock manages to stabilize above this level, it could head towards initial targets around 16.62 SAR, then extend to resistances between 16.93 SAR and 17.23 SAR. However, strong support is needed to maintain the 15.56 SAR level and confirm the continuation of the positive trend. The latest performance shows a strong start in 2026, followed by a dip below 12.90 SAR before a tentative rebound. The main trading range is between support at 12.90 SAR and resistance at 17.55 SAR.
Notice: This Is an AI-Generated Summary
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