16 Hrs
Source:
مباشر
Arabian Gas shares rise amid stronger liquidity
The share of Jaz Arabian Services continues its upward movement, supported by a significant increase in trading volumes and the breach of important technical resistance levels. This reinforces expectations of the ongoing bullish trend toward new price targets. After a period of horizontal consolidation at the beginning of the year, the stock has started forming ascending price bottoms, successfully breaking through the 14.50 SAR level and then the 16.38 SAR level. This opens the door to target levels between 17.70 and 19.10 SAR, provided buying liquidity remains strong. Analysts emphasize the importance of holding the stock above certain support levels to ensure the continuation of the upward trend, with close attention to the main resistance at 18.24 SAR.
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