PMetal-c2L : a good CW to trade

 

PMETAL-C2L: Quiet Accumulation Before the Next Move?

I’ve been watching PMETAL-C2L closely, and the recent price action is starting to get interesting again.

After the strong spike we saw earlier, the warrant has now transitioned into a tight consolidation phase, hovering around the RM0.185–0.195 zone. Price is compressing, volatility is drying up — and this is usually where the next move begins.

My Trading Plan

I’m currently holding my position, sitting in paper profits.

My approach is simple:

✅ Add Strategy

  • I will only add if PMETAL shows a clear breakout above RM8.10
  • No breakout = no add

💰 Profit Strategy

  • If price spikes without strong follow-through,
    → I may take partial profits

🛑 Risk Management

  • If PMETAL loses structure (below RM7.80),

  • → I will start reducing exposure
TEH

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