20 Hrs
Source:
مباشر
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Naqi's share recovers on positive signals
Naji Water Company's share regains its positive momentum and approaches new resistance levels, supported by stability at a key support level of 58.35 riyals. The stock, which is moving within the main downtrend framework, has shown technical improvement due to increased trading volumes and the stability of the 50 and 100-day moving averages above dynamic support levels, reinforcing prospects for continued upward movement. If it manages to break through resistance at 61.30 riyals and remain above it, the share could target levels between 62.75 and 63.65 riyals, with expectations of further recovery towards the range of 65.40 to 67.80 riyals. The 59.05 riyal area is considered a vital support zone for the anticipated upward trend.
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