INSM is now approaching the top of the macro resistance zone highlighted in the Jul 14 update. A decisive break and close above 150 would open the path toward the next macro resistance around 220.From a macro trend perspective, however, the 150 level may serve as substantial resistance, potentially leading to a mid-term correction or consolidation phase before the next advance develops.
Chart: tradingview.com/x/z9h96xlu/
Previously:
On uptrend follow-through (Aug 5): tradingview.com/symbols/NASDAQ-INSM/minds/?mind=KMVQC_zFTWC8r3rS7Ps42A
On bullish trend structure and mid-term support (Jul 14): tradingview.com/symbols/NASDAQ-INSM/minds/?mind=YjziGDueSbSPHSxHgeX23g
