_1777294237270_124456903.png&w=64&q=75){kind=small}
Production tests resistance after historic low
The share of the Arab Agricultural and Industrial Investment Company (Injat) has rebounded after hitting a historic low of 19.96 Riyals in September. The recovery is supported by increased trading volume, and analyses indicate an attempt to test a key resistance zone between 22.60 and 23.00 Riyals. If the stock manages to break through and stay above 24.50 Riyals, the trend is likely to shift towards further upward movement, aiming for the 30.00 Riyal level. Conversely, continued decline could drive the price down to support at 20.61 Riyals. The data shows that surpassing the primary resistance is essential for momentum to turn bullish and to ease selling pressures.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)