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Ban share nears key resistance level

Ban share nears key resistance level

The share of Ban Group Holding has been moving sideways since the beginning of 2026, attempting to break above the 2.00 riyal level, which represents an important resistance. If the stock closes above this level, it may target areas between 2.05 and 2.10 riyals, supported by momentum indicators indicating increased buying strength. Conversely, breaking below the support at 1.89 riyals could lead to a decline towards 1.83 riyals, with ongoing fluctuations pending a clear technical trigger to break out of the range.

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