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CLO's recent technical performance is worth paying attention to. From a chip perspective, the main funds remain in accumulation mode with no obvious signs of distribution, implying there may still be room for further upward movement. The 15-minute chart has shown signs of a reversal, while on the daily chart level, there is repeated contention at high levels, forming a typical accumulation pattern.
Looking upward, there is no obvious resistance pressure, and the support around 0.7 is relatively solid. Under this structure, a breakout is often just around the corner, and the probability of a short-term acceleration in upward movement is quite high.
From a trading perspective, it can be positioned around 0.74, with a stop-loss set below 0.699 to handle extreme shakeouts. The profit expectations are divided into three stages: an initial target at 0.824, a mid-term target at 0.895, and a core target at 1.0. Once the integer threshold is broken, continuing to hold positions for higher gains is also a feasible plan.
Risk reminder: The market changes rapidly, so trading should be cautious.