OUST is sitting right on the bottom of its long-term ascending channel, testing major trendline support around $23.This zone has acted as a launchpad before, sparking strong rebounds each time price touched it.
If the channel holds, a move back toward the mid-range near $34 could unfold.
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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.