Falkee Medical Shares Reach Key Levels
Al-Fouki Medical Company's stock is testing an important psychological barrier after successfully overcoming the resistance at 38.80 riyals, supported by high trading volumes. An upward trend is expected to continue toward levels between 39.80 and 42.75 riyals if the price stabilizes above 36.88 riyals. The stock had recorded a new low at 27.20 riyals during the first quarter of 2026, but it began to rebound after continuous strong declines since last year. The future direction depends on the stock's ability to surpass resistance at 42.80 riyals, amid fluctuating performance throughout the year.
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