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Mabco Eyes Key Resistance

Mabco Eyes Key Resistance

Mepco’s share is attempting to recover after finding support at SAR 13.53, with trading volumes gradually improving and the price holding above SAR 14.67, despite the broader downtrend. Key resistance lies in the SAR 15.03–15.39 range; a breakout and sustained move above it could pave the way to SAR 15.75, while a close below SAR 14.23 would threaten the chances of a rebound.

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