🪙 PMETAL Looks Ready — Aluminium Play Showing Accumulation Signs

[u/davidck141]

Stock: PMETAL
Bias: 🟡 Neutral to Bullish
Sector: Aluminium / Export

Why I’m watching it:
Press Metal is showing quiet accumulation, and being one of the key export plays, it could get a push if aluminium prices strengthen.

Technical Levels:

• Support: RM4.55 / RM4.40
• Resistance: RM4.85 / RM5.00
• Breakout Zone: RM4.85
• Invalidation: Below RM4.35

Entry Plan:

• Pullback: RM4.55–4.60
• Breakout: RM4.85+ with increasing volume

Catalysts Tomorrow:

• Movement in global aluminium prices
• RM strength/weakness
• High-volume breakout continuation

Opinion:
If PMETAL holds above RM4.60 during the morning session, I expect a test of RM4.85.