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Sadek's Shares Drop Toward Support
Shares of Saudi Industrial Company "SADIC" continue to decline and are approaching important support levels within a falling price channel extending since July 2026. The stock closed at 15.31 SAR after breaking the previous support level at 15.50 SAR. It is facing ongoing selling pressures, with the possibility of testing support zones between 15.02 SAR and 14.60 SAR. If it fails to stabilize there, it may head toward 14.15 SAR. Analyses indicate that the current movement is part of a technical correction following a previous upward wave, with monitoring the 15.80 SAR level potentially providing an opportunity to halt the decline and stabilize the price.
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