The stock is trading near its first downside target at 1.508 QAR which represents the previous low. A weekly close below this level (currently the more probable scenario due to weak RSI momentum) would likely open the way toward 1.375 QAR located below the ascending trendline, where a technical retest may occur.
If selling pressure persists and the price fails to hold 1.375 QAR the next downside target would be the secondary low at 1.281 QAR.
This bearish outlook remains valid unless Q4 2025 financial results show a material improvement especially considering the company’s weak performance last year. However, early signs of recovery were observed during the first half of the current year providing cautious optimism.
Sustained improvement in Q4 profitability could support a trend reversal, improve technical momentum, and allow the stock to target higher upside levels.
A full technical reassessment will be required following the release of the final annual results.
If selling pressure persists and the price fails to hold 1.375 QAR the next downside target would be the secondary low at 1.281 QAR.
This bearish outlook remains valid unless Q4 2025 financial results show a material improvement especially considering the company’s weak performance last year. However, early signs of recovery were observed during the first half of the current year providing cautious optimism.
Sustained improvement in Q4 profitability could support a trend reversal, improve technical momentum, and allow the stock to target higher upside levels.
A full technical reassessment will be required following the release of the final annual results.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.