Buys OUTR 63.00. OUTR gapped down this morning after a long run down following great earnings. Although they missed their revenue number by 18 million at 545 million they beat by 61 cents.
Next years guidance is for 8.12 to 9.12 . OUTR should return to the 80’s with a compressed P/E and over a hundred with normal P/E ratio’s.
OUTR’s next support level is 61.80 with the 200 SMA on the weekly chart at 60.45 A break under 60 bucks is a sell.