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Maraafiq Holds Support

Maraafiq Holds Support

“Morafiq” stock remains firm above support at SAR 40.50, backed by a gradual increase in trading volumes. According to the data cited in the article, it is trading at SAR 41.90. The analysis is watching for a breakout above the SAR 41.20–41.48 resistance zone and a sustained hold above it, which could open the way toward SAR 42.24–42.98, followed by SAR 43.70–44.82 if momentum continues and liquidity remains available. A break below SAR 40.40, followed by a sustained move beneath that level, could increase downward pressure and weaken the chances of the rally continuing.

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