DIVISLAB's Open Interest Jumps 6%: Bullish Sentiment Builds

Oct 14

• Following a strong upward trend, the stock encountered significant resistance near the 5,300 level, resulting in a steep drop.
  
• Afterward, the price found support near the 2,700 mark and managed to bounce back.
  
• During this consolidation phase, the stock price has developed a Rounding Bottom pattern.
  
• With a clear breakout, the price is now set for an upside rally.
  
• A notable increase in future open interest—around 6%—has been recorded for this stock.
  
• This rise in both the stock price and future open interest indicates that significant investors hold a positive outlook on this stock.