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Armaha's share surpasses key resistance
The Armah Sports Company stock, listed on the Saudi market, has shown a positive performance in recent sessions, successfully surpassing important technical levels supported by a significant increase in trading volumes. This enhances the prospects of maintaining its upward trend in the short and medium term. The stock closed at 66.45 SAR, breaking above the resistance level of 64.85 SAR, with initial target expectations between 68.05 and 69.60 SAR. The rise could extend toward levels between 71.65 and 74.35 SAR if buying activity persists. It is important to protect the support levels at 63.75 SAR and 62.35 SAR to ensure the continuation of the upward movement.
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