I believe this could be a Premium idea, but let's wait and see how it unfolds: In March, INVZ saw some unusual out-of-the-money calls valued at over $1 million with a $2.5 strike price, expiring on April 19th. Upon reviewing the chart, it resembles a double bottom pattern, suggesting a potential price target of $2.85 if a reversal occurs. Recently, OUST, a...
It's not perfect but it may be close. Let's see how it plays out now. I still expect some corrections/check backs if it heads higher, but so far it is playing out nicely. Disregard the solid diagonal white trend line, not sure what I was trying with that one. Maybe it will be a point of resistance, maybe not. Relevant fibs of support and resistance also...
Been tracking OUST for a long time as it sets up some pretty monster patterns. It appears at the moment that it has broken out of a bull flag channel which pushed sideways from a rather large falling wedge. First targets shown on chart, but this could potentially go up much higher.
it has found strong support at 10,20$ - 10,30$ Price levels