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Stefan Schmidt's avatar

Maybe Ouster is going to act like Fastly (FSLY) by having another pullback soon.

Fastly was the most similar chart I was able to find, which is down by more than -50% over the last 5 years, but up by over +100% over the last year.

Stefan Schmidt's avatar

true, but why would I want to buy Ouster at $50, when it was recently for sale at $5

SixSigmaCapital's avatar

It was also recently 150

SixSigmaCapital's avatar

But I do think its reasonably extended here and I would exercise caution chasing it up here