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Soliman Al-Habib's Shares Bounce Back
The share of Dr. Sulaiman Al-Habib Medical Services Group showed positive technical movements. It successfully rebounded above its key moving averages and momentum indicators crossed in a way that supports an attempt to reverse the downtrend that has been imposed by selling since the beginning of the year. The stock stabilized around the 229.50 riyal level, with price targets reaching up to 252.50 riyals, provided it remains above the support level of 222.50 riyals. This suggests an attempt to bounce back and regain balance after declining from a peak of 264 riyals.
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