Have you ever heard of a stock called Ouster Inc. (OUST)?
It’s a lidar sensor company that focuses on autonomous driving, robotics, and smart infrastructure. The stock is up over 47% in 2026.
It’s a lesser-known name that usually flies under most trader’s radars (or in OUST’s case, lidar), so you probably missed its big moves this year.
Well, OUST went on a huge run last week and this time, the stock caught Mike Shorr’s eye… before it happened.
On Tuesday, Mike spotlighted OUST as a potential buy on Business First AM, when it was trading at $27.15.
On Friday, the stock climbed as high as $35, jumping over 30% since Mike’s news hit.
Mike explained his bullish stance on OUST, the technicals behind his reasoning, and the entries and exits he would consider targeting.
The analysis, insights, and strategies shared by Prosper Trading Academy’s coaches in Prosper Insider are strictly for educational and informational purposes only. All content reflects the personal opinions of the coaches and should not be construed as specific investment advice or recommendations. Any examples discussed are illustrative in nature and do not represent actual live trade signals or instructions to buy or sell securities. Trading involves risk, and individuals should carefully evaluate their own financial situation before making investment decisions.
Mike covers:
- Why he wasn’t phased by the stock’s recent pullback
- The key support level that caught his eye
- The buy zone he would consider targeting (which OUST blew right past)
- How his trade idea was influenced by the autonomous driving sector
- His risk-defined stop loss level for locking in potential profits
