Preparing for breakout after deep correction.ACWA PowerTADAWUL:2082ibraheeemz2082, Acwa Power is in correction phase since September 2024. While it is moving in a descending channel, recent weekly candles are showing very narrow range movement. 165-175, just above the POC. A usual calm before the storm kind of situation. As it is nearing upper boundary of channel, weekly candles are showing positivity, volumes are increasing, stochastic indicator is also positive. This can be the bottom, i.e. end of long correction and a rebound from here is likely. Shouldn't close below 160 on daily TF. Immediate resistance is 194 (TP1), where as 250(TP2) is trend reversal level.