"Wednesday's Small Cap Biotech Catalyst Watch And Trade List "
Insmed (INSM) -
(Not all that enthusiastic. )
Last Statements =
"Insmed technical indicators seem to indicate a flat trend, with a possible move to slightly over $13. The purple line shows a bit too much distribution to allow for strong price appreciation. However, if data presented with Insmed is good, the stock can certainly resume a strong up-trend."
Additional disclosure: Disclaimer: This article is intended for informational and entertainment use only, and should not be construed as professional investment advice. They are my opinions only. Trading stocks is risky -- always be sure to know and understand your risk tolerance. You can incur substantial financial losses in any trade or investment. Always do your own due diligence before buying and selling any stock, and/or consult with a licensed financial adviser
From the first paragraph: " I also list the chart for each company and offer my price target opinions based on both the fundamental catalyst and technical indicators. Fundamental factors almost always trump chart technicals, so I use the charts as a "guide" to base my entry and exit points of any trade/investment."