_1777294237270_124456903.png&w=64&q=75){kind=small}
Al-Jawf's share tests resistance levels
The Al-Jouf Agricultural Company's stock is attempting to establish a new price base, currently testing a minor resistance level at around 41 riyals after a period of sharp selling pressures that led to breaking through a key support level at 39.80 riyals. If the stock manages to surpass the 41-riyals level with increased trading volume, it is expected to target an upward move toward 41.84 - 42.74 riyals, and could continue rising to reach 43.45 riyals and then 44.82 riyals in the short term. However, if it fails to hold above the support at 39.60 riyals, a decline may resume, potentially finding new lows, with market fluctuations likely to persist amid ongoing selling pressures.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)