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Jarir nears all-time high

Jarir nears all-time high

Jarir Marketing’s stock broke out of its descending price channel and moved above resistance at SAR 17.45, supported by improving buying momentum and higher trading volume. It reached SAR 17.73, up 1.31%. The stock is targeting a retest of its historical highs between SAR 17.86 and SAR 18.17, with subsequent levels at SAR 18.49 and SAR 18.80, followed by SAR 19.47 if momentum continues. SAR 16.95 is a key support level for maintaining the short-term uptrend.

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