$CLO is up 23% – I think there's more room to run."
CLO at $0.2879, up 23.33% today.
What I like about this one is the volume – it's been building steadily. This isn't a random spike; it looks like a trend is forming.
The next level to watch is $0.30. If CLO breaks above it, we could see $0.33 or even $0.35.
But if $0.30 holds as resistance, we could drop back to $0.27.
My read:
· Short: 0.287 – 0.290
· Stop: 0.300
· Targets: 0.275 → 0.265 → 0.255
$0.300 is the line in the sand. Watch it carefully.
Before you jump in, ask yourself: does this fit your plan? Just my two cents.
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