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Gow for Communications tests support
The share of Etihad for Telecommunication Company (Qur Telecommunication) experienced a technical rebound following sharp declines that began at the start of 2026, after breaking a key support level at 79.45 SAR and falling to 67.60 SAR. This move prompted the stock to test a previous price gap that acted as a magnet for buyers. Currently, the stock faces a major resistance at 71.55 SAR and needs to break through this level to achieve further gains and move towards levels between 73.35 and 75.15 SAR, with main support at 69.45 SAR. The stock's ability to stay above the support level remains crucial for continuing the positive trend; if it fails to do so, it may resume its downward movement.
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