Top Biotech Name Sets up High Tight Bull Flag
Insmed (INSM) shares of the top recent biotech name are coiled in a tight squeeze pattern after bouncing from the upper 60’s last week on the market selloff and continues to see dip buyers since the large gap up move it had in Spring. INSM has see tons of longer dated opening put sales showing willingness to be long at between 60-70 and a break above 75 now likely moves to new highs towards 80.
