$OUST is sitting right on the bottom of its long-term channel

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$OUST is sitting right on the bottom of its long-term channelOuster, Inc.BATS:OUSTledgerdaryOUST 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.