Stock Analysis: OUST (Ouster, Inc.) – 30-Min Chart!📊
🚀 Setup Type: Bullish Breakout – Trendline Break + Volume Surge
✅ Trade Plan: Long Position
🔔 Entry & Exit Plan
✅ Entry Zone: Above $11.05 (Breakout Confirmation)
🛡️ Stop-Loss (SL): Below $10.45 (Recent Support Zone)
🎯 Take Profit Targets:
📌 TP1: $11.82 – Previous Resistance
📌 TP2: $12.78 – Measured Move / Upside Gap Level
📊 Risk-Reward Breakdown
🔻 Risk: $11.05 – $10.45 = $0.60
📈 Reward to TP1: $11.82 – $11.05 = $0.77 → 1:1.28 R/R
📈 Reward to TP2: $12.78 – $11.05 = $1.73 → 1:2.88 R/R
✅ Solid risk-to-reward structure with high volume momentum!
🔍 Technical Breakdown
📌 Breakout from Rising Wedge: Price surged and broke above resistance
📌 High Volume Surge: Strong buying pressure confirms breakout strength
📌 Resistance Flip: $11.05 key breakout level—now acting as support
📌 Uptrend Momentum: Series of higher lows and bullish follow-through
🛠️ Trade Execution Plan
✔ Wait for Confirmation: 30-min candle close above $11.05
✔ Break-even Strategy: Move SL to entry once TP1 ($11.82) is reached
✔ Partial Profit Booking:
▫️ Take 50% at TP1
▫️ Let rest ride to TP2 ($12.78)
✔ Adjust SL Upward as price moves favorably
⚠️ Risk Factors
❌ False Breakout Risk: Monitor volume and trend continuation
❌ Overextension: Price is already up 30%—watch for exhaustion pullbacks
🚀 Final Thoughts from ProfittoPath
✔ Strong momentum-backed breakout with clean structure
✔ Ideal for quick momentum trades with risk management
✔ Potential for continuation if $11.05 holds as support
💡 Trade smart, manage risk, and stay focused on execution.
🔗 #OUST #BreakoutTrade #MomentumStocks #ProfittoPath #TradingView
