2 Days
Source:
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Jarir Nears Historic Highs
Jarir Marketing Company’s share price has broken out of its descending price channel and moved above resistance at SAR 17.45, as buying momentum improves and trading volumes rise. The stock is targeting a test of the SAR 17.86–18.17 range, its previous all-time high. A break above that range could pave the way for gains to SAR 18.49, then SAR 18.80 and SAR 19.47. SAR 16.95 is a key support level; holding above it would strengthen the likelihood of the uptrend continuing.
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