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Current price: 50
Key point: 48.25
Our preferred direction: Buy positions above 48.25 levels with 51.00 as a first target and then 53.00 as a second target.
Alternative scenario: Stop loss and change the trend by breaking the 48.25 level, targeting the 47.00 levels.
Technical commentary
Albilad Bank stock is moving in a strong upward trend from the bottom of last November and the highest support levels 47.90-48.25. Targeting levels 51.3-51.9
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