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2026-11-12T10:45:25.213Z

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Taiba Tests Resistance

Taiba Tests Resistance

Taiba Investment’s stock is attempting to stabilize above SAR 16.50, supported by improving buying momentum and the MACD crossing above the zero line, after bouncing twice from support at SAR 15.50. The analysis suggests that holding above SAR 16.50 could open the way to targets of SAR 16.95, SAR 17.35, and then SAR 18.15, while highlighting the importance of breaking above the 200-day moving average. It sets SAR 15.80 as the stop-loss level, warning that trading below it could bring selling pressure back.

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