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Gulf Training shares face key support
The Gulf Training and Educational Company’s stock has recently experienced a decline, affected by ongoing selling pressures, especially after breaking through a key support level at 13.00 SAR. This breach has led the stock into a phase of testing previous support levels, which have now become resistance. Technical analyses indicate a lack of price stability since the beginning of 2026, with attempts to establish a price base in January. However, a strong downward wave continued until June, during which it lost important support levels at 17.00 SAR. Recent movements suggest an attempt for a price rebound toward 13.34 SAR, with expectations that surpassing this level, supported by increased trading volumes, could open the way for an upward wave reaching 14.00 SAR or even 14.53 SAR. Nonetheless, there are risks if the stock fails to maintain support levels, especially if it falls below 12.54 SAR, which could push it to lower levels.
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