Jun. 13 at 4:52 PM
$INSM Yes, INSM can certainly dip below
$95, and here’s why it’s a plausible scenario:
⸻
🔹 1. Dilution & Offering Risk
• The recent
$750M offering at
$96 adds ~4.5% more float, plus a greenshoe that could push dilution higher—this creates downward pressure .
• Continued share selling by insiders and overhang could keep sentiment cautious .
⸻
🔹 2. Technical Levels & Volatility
• Daily support sits around
$90.9, with next floors at
$76.3 and
$72.7 if initial levels fail .
• Intraday expected range today spans
$92.7–
$101.0, meaning a dip under
$95 is well within normal volatility .
⸻
🔹 3. Mixed Technical Signals
• TradingView shows a mix: short‑term oscillator is Sell, but moving averages lean Strong Buy—indicating a tug-of-war .
• ChartMill sees neutral‑short trend with a strong support zone around
$76.98 .
