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Naseej faces resistance after rebound

Naseej faces resistance after rebound

Naseej's stock is testing significant resistance around 23.06 Riyals after bouncing from the support level of 21.60 Riyals. The overall downtrend remains in place, with weak momentum to break through the moving averages. At the same time, the stock shows signs of attempting to stabilize above the 22.21 Riyal level, but short-term prospects remain risky amid ongoing selling pressures.

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