2 Days
Source:
مباشر
Sinaat's share faces key resistance test
The share of Advanced Construction Industries (Industries) is awaiting a test of support resistance after stabilizing above key support levels, with signs of gradual improvement in technical performance following a previous downward wave. Although the momentary performance has shown a slight improvement, the overall trend remains somewhat negative, warranting careful monitoring of liquidity levels and trading volumes. Successfully surpassing resistance zones between 26.22 and 26.86 riyals could open the way toward targeting the 27.70 riyal level, with it being important to maintain the stock’s stability above 24.79 riyals to avoid the risk of further decline.
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