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An'am Holding's share bounces above support
Al Annam International Holding Group's share recorded a positive technical rebound above key support levels, settling around the 12.06 riyals mark. This movement was supported by technical indicators such as maintaining moving averages and forming rising lows. The technical analysis indicates that the stock successfully bounced back from the 11.75 riyals level, which improved the Relative Strength Index (RSI) and confirmed the stability of the long-term upward trend. The outlook suggests that the first target is at 12.50 riyals, with potential to reach 13.00 riyals and 13.40 riyals. A stay above 11.75 riyals is essential to maintain the positive trend.
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