Quito Telecom shares stable in narrow trading

The share of United Telecommunication Company "Go Telecom" continues to move within a stable range in a calm trading zone. Technical indicators indicate strong buying momentum, supported by levels around 95.20 riyals, with a target of resistance levels up to 105.90 riyals if the main resistance level at 100.80 riyals is surpassed. An improvement in trading volumes is observed after the stock tested a major support level, which increases the likelihood of the upward trend resuming.

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