Current price: 87.7

Key point: 83.4

Our preferred direction: buy positions at the highest levels of 83.4, targeting 90.0 as the first target, then 92.4 as the second target.

Alternative scenario: stop loss and change the trend by breaking 83.4, targeting 82.00

Technical commentary
Al Rajhi Bank shares rose from the support levels 82.2-83.4 after the corrective movement that took place late last month, so it is expected to rise again to the levels of 90.0 and then the levels of 92.6.