Apr. 8 at 10:47 AM
$OUST Ouster is currently showing signs of a potential breakout in a strong uptrend amid a broader Nasdaq rally of 3.39%. In pre-market trading, the stock is up nearly 10.35% to
$21.33, breaking above the previous close of
$19.33 and nearing key resistance at
$21.00. The move aligns with a bullish Nasdaq backdrop and a chart setup that suggests continuation potential, though confirmation remains pending.
The setup looks like a potential breakout from a consolidation phase, with the price now testing a key resistance level at
$21.00. A confirmed close above this level—ideally with a surge in volume—would signal a continuation of the uptrend and could open the door for a move toward
$22.00 and beyond, with a longer-term target near the 60-day high of
$30.20.
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