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An'am Holding Shares Recover Slightly
Annam Holding Company's stock shows signs of a positive rebound above key technical support levels. It has regained its balance after a decline in July and successfully formed an ascending bottom at 11.75 riyals, benefiting from stable technical indicators above pivotal levels, especially moving averages. Despite decreased trading volumes, analyses suggest the continued upward trend in the medium and long term, with expectations for the stock to rise first to 12.50 riyals, then to test the resistance at 13.40 riyals. The support level at 11.75 riyals remains crucial to confirm the continuation of this rebound; if broken, the stock may resume a corrective trend.
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