The shares of "Emaar Economic City" and "Red Sea" are looking for support

According to the financial analyst of “Al Sharq”, Mohamed Zidan, the arrow of “Emaar Economic City” and the “Red Sea” real estate, recorded at the Saudi Stock Exchange, in search of the Saudi Stock Exchange, is looking for important support levels near their current levels to reflect their falling direction. He pointed out that the arrow of ‘Emaar Al -Madinah’, which is closed today, is 1.1% at 12.26 Riyals, “an important resistance to 14 Riyals, and that there is expected to hold about 12 Riyale in the short term,” if morale is negative towards the stock, as long as it is less than 15 riyals. As for the stock of the “Red Sea”, Zidane believes that “the penetration of the level of 45 Riyals means ending the downward direction, but the pressure is still strong on the share, especially as most of its trade this year was below average of the fifty days.” The stock closed at 45.7 Riyals today.