FIBCO shares near key resistance after break
The share of packaging and packaging materials manufacturing company "Fibco" continues its positive performance, achieving a breakthrough above the resistance level at 27.85 riyals and extending its rise toward 31.14 riyals, after successfully breaking a downtrend line that has been in place since September 2025. Technical analysis predicts that the stock will face a major resistance at 31.44 riyals, with the potential to target levels between 32.12 and 33.00 riyals if the upward trend persists. It is recommended to monitor the profit protection levels at 29.30 riyals to maintain the upward momentum.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)