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Sakim Aslak probes key technical levels
The article discusses the movement of the "Slec" stock during 2026, indicating a continuation of the downward trend from the previous year. The stock broke through a key support level at 17.07 riyals and reached a low of 15.15 riyals. In the second quarter, the stock began a tentative attempt at a corrective rebound, but weak buying momentum and continued declines in trading volumes reflect limited prospects for a short-term reversal to a positive trend, with a positive outlook remaining contingent on staying above the resistance level of 18.55 riyals.
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