Ouster is up almost 500% from the lows, after an absolute capitulation from the highs. The chart shows the end of a 5 Wave structure, followed by almost three years of sideways consolidation. We are now breaking out of the range, and in the midst of a pullback.
The revenue growth has resurrected the stock from the depths of hell. Margin expansion is being led by the demand for LIDAR technology, primarily in EV, industrial automation, drone technology.
This stock could be a big winner, especially after the Big Beautiful Bill - with a big increase in defense budget particularly in drones.
Not financial advice, do what's best for you.
The revenue growth has resurrected the stock from the depths of hell. Margin expansion is being led by the demand for LIDAR technology, primarily in EV, industrial automation, drone technology.
This stock could be a big winner, especially after the Big Beautiful Bill - with a big increase in defense budget particularly in drones.
Not financial advice, do what's best for you.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.