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Gas Holding Shares Recovering
The share of National Gas and Industrialization Company "Gas Holding" shows technical indicators reflecting an attempt at recovery from a sharp decline, with signals suggesting the possibility of a price rebound if it stabilizes above the 59.40 Riyal level. The stock received support from a positive divergence on the Relative Strength Index (RSI), indicating a slowdown in selling momentum and the beginning of a market balance restoration after a strong retreat from the 76.40 Riyal level, which led to the formation of a secondary downtrend. Investors are monitoring resistance levels between 60.80 and 61.95 Riyals, with the potential to test the 63.70 Riyal level if positive momentum continues.
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