15 Hrs
Source:
مباشر
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Zoujaj Awaits Trend Cue
National Glass Industries Company’s (“Zoujaj”) stock showed signs of a rebound after testing support at SAR 32.60. However, confirming a positive reversal would require it to hold above resistance at SAR 36.12 alongside an increase in trading liquidity. A breakout could pave the way for a rise to SAR 36.98–37.58, followed by SAR 38.70 if momentum continues. The RSI, which remained above the neutral level on the four-hour timeframe, supports the prospect of consolidation, while a drop below support at SAR 34.65 could weaken the bullish scenario. The stock has traded sideways since the start of the year between SAR 33.60 and SAR 39.05, following a downtrend, with no decisive sign that its overall trend has changed.
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