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Ouster directionally and fundamentally bullish

Fundamentals:

Ouster has its propiertery innovative and cost-effective digital lidar technology, which sets it apart from competitors relying on more expensive, legacy systems. The company’s diversified approach across industries—such as automotive, robotics, smart cities, and industrial automation—minimizes sector-specific risks and opens multiple revenue streams.

Its merger with Velodyne has further strengthened its market position, combining resources and enhancing product offerings, while strategic partnerships and operational optimizations support its path toward profitability. These factors collectively indicate a strong growth trajectory and investor confidence in its long-term potential.

Amazon is actually a big shareholder for Ouster, as their call options with Velodyne got transfer to Ouster, contingent on () orders from Amazon, thus the announcement of the planning of ordering detail would potentially encourage the price further. As Amazon must spend up to $300 million on Ouster's product.

Technical:
Ouster appears to have completed the 12345 Elliott wave pattern followed by an ABC corrective wave, it was later supported by the intermediate trend line. The RSI has crossed above the 14-day moving average, indicating a bullish trend. A hypothetical second wave was created to project potential price movement, which may need adjustments as the price evolves. Entered 30 call options at $5 on October 1st when Ouster was trading at $6. First price target:$11, second $17. third: $21.
Trade aktif
first target reached
Catatan
The 3rd up wave starting.
Catatan

2025 is poised to be the year of FSD, autonomous driving, robotics, and all things autonomous. Stocks in these sectors have skyrocketed to remarkable valuations. Notably, the leading U.S. lidar company, its product is a critical component for all these products and industries, continues to showcase steady and robust growth, without the geopolitical risks associated with Chinese lidar firms. I am highly confident that the price targets will be met in the first half of 2025. An updated price target will be provided following the year-end earnings report.

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