Chemicals' share tests key resistance
The chemical stock is testing a central support zone around 8.70 to 8.95 riyals, reflecting the continuation of its secondary upward trend. There is potential for higher price levels if it stays above the support at 8.38 riyals. It is expected that the market will consolidate around resistance levels at 8.70 and 8.95 riyals, aiming for an upward movement toward 9.18 to 9.33 riyals.
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