Saudi Ceramics share gains from strong backing
The Saudi Ceramic Company's stock has declined in recent sessions after losing the support level of 28.30 SAR. There is a possibility of further decline toward demand zones between 26.75 and 26.35 SAR if selling pressure continues. In the short term, the stock is attempting to regain bullish momentum after breaking out of the descending channel and overcoming the resistance at 28.50 SAR, but it remains influenced by selling pressures for now.
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