06-09-2024, 02:17 AM
Alhokair Group stock analysis
Al Hokair Trading 1820 stock continues its downward trend at the intraday level during the recent trading sessions, with the continued negative pressures on the stock’s trading and the downward trend taking control in the short term, with negative signals coming from the relative strength index despite it reaching areas of extreme oversold saturation, thus recording new losses in the last sessions. Trade it.
عبدالمجيد الحكير
Thus, the target of Al Hokair Group shares can be expected to be at the support level of 14.20 and the resistance level of 15.10. It is also recommended to reduce buying positions in the current period so that the stock can take an upward trend, as it is expected that the stock will be able to penetrate the price level of 13 riyals during the coming period.
Al Hokair Trading 1820 stock continues its downward trend at the intraday level during the recent trading sessions, with the continued negative pressures on the stock’s trading and the downward trend taking control in the short term, with negative signals coming from the relative strength index despite it reaching areas of extreme oversold saturation, thus recording new losses in the last sessions. Trade it.
عبدالمجيد الحكير
Thus, the target of Al Hokair Group shares can be expected to be at the support level of 14.20 and the resistance level of 15.10. It is also recommended to reduce buying positions in the current period so that the stock can take an upward trend, as it is expected that the stock will be able to penetrate the price level of 13 riyals during the coming period.