ACWA Power (2082) – Weekly Timeframe Technical Investment Setup

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ACWA Power (2082) – Weekly Timeframe Technical Investment SetupACWA PowerTADAWUL_DLY:2082THE-CHART-ALCHEMISTπŸš€ ACWA Power (2082) – Weekly Timeframe Technical Investment Setup πŸ“Š By The Chart Alchemist_ --- ✨✨ Context (Macro Structure) After forming a major prior high at 485 SAR πŸ”οΈπŸ“ˆ, the stock developed a double top formation πŸ”„πŸ”„ and transitioned into a bearish corrective phase πŸ“‰πŸ“‰. This bearish cycle is now approaching exhaustion, with a terminal wedge structure βš οΈπŸ”Ί indicating selling pressure is fading and a potential major bullish reversal πŸ“ˆπŸš€ is building on the weekly timeframe. --- πŸ’°πŸ’° Buying Levels (Accumulation Zone) 🟒 Buy 1: 169 SAR πŸ’Ή 🟒 Buy 2: 153 SAR πŸ“‰ 🟒 Buy 3: 143 SAR πŸ”» πŸ“Œ Gradual accumulation suggested within weakness zones --- 🎯🎯 Target Projection (Upside Expansion Path) πŸš€ TP1: 180 SAR πŸš€ TP2: 196 SAR πŸš€ TP3: 210 SAR πŸš€ TP4: 230 SAR πŸš€ TP5: 250 SAR πŸš€ TP6: 270 SAR πŸš€ TP7: 290 SAR πŸš€ TP8: 315 SAR πŸš€ TP9: 350 SAR πŸš€ TP10: 370 SAR πŸš€ TP11: 395 SAR πŸ“ˆ Upside Structure: Multi-leg expansion potential under weekly breakout confirmation --- πŸ›‘πŸ›‘ Stop Loss (Invalidation Level) πŸ”΄ Below 119 SAR ⚠️ πŸ“‰ Breakdown below this level invalidates the bullish reversal structure --- βš–οΈβš–οΈ Risk-to-Reward Profile πŸ“Š Estimated R:R = 8.0 πŸ”₯πŸ”₯ πŸ’Ž Favorable asymmetric long-term investment setup --- πŸ“ŒπŸ“Œ FINAL NOTE πŸ‘‰ This is a patient investor setup πŸ§˜β€β™‚οΈπŸ“† πŸ‘‰ Designed for long-term position building πŸ—οΈπŸ“ˆ πŸ‘‰ ❌ NOT suitable for short-term trading or intraday speculation --- 🧭🧭 Weekly structural reversal setup with high-timeframe accumulation characteristics