Tight at the 21 day moving average and coming out of the wedge here Breakaway gaps like these tend to be very bullish
A rollback to the area of 50% of the last uptrend was bought out. A broad consolidation has been formed, which can be broken upward with a minimum target of around 140.
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NTLA preparing to ATH after good news about gene editing
After a consolidation, it appears as though a wild bullish pattern has appeared with hidden bullish divergence, with a big bullish candle last week. Alot of charts look similiar to this.
Ended last week with a gravestone looking doji. With dojis on higher timeframes, I like to see a divergence in the lower timeframes that agrees with the reversal. For NTLA we have bearish divergence in the 15m so this doji looks promising. Going to be looking for shorts aiming at ~76.
As you can see. NTLA making an inverse head and shoulder pattern which really a beautiful setup. though I would most likely enter once it broke out the $85 price range with a confirmed volume new time high plays. price target for me would be around $150 to $200 with a bullish general market
Basing around 50 MA forming a possible head and shoulders base bottom.
breakout looks likely , nice traingle formed earnings may be a good trigger (25/02) i see a 20% increase liekly within next 2 weeks NTLA also has a good prospect within the months and years ahead :) **im no pro just a new investor
1. Strong uptrend channel, moving from the low area of the channel up. - buy area indicator. 2. SlowStoch buy signal, crossed up from the oversold area + fast line crossing up the slow line - a buy signal. 3. RSI pullback (when moving under 50 and then going up) - a buy signal. 4. MACD is changing the direction of the short trend and going for a buy signal...
NTLA has had a good initial recovery from the 20day. Looking to play a continuation if it can break the last high. CRSP is also looking like a similar setup, I will be looking to see who leads here.
News on cancer. ir.intelliatx.com Continued to run after public offering ir.intelliatx.com Nov started treating in clinical trial. ir.intelliatx.com Expanded collaboration with regeneron. ir.intelliatx.com Business Seems to be firing on all cylinders. Technically looks over extended.
Small position initiated and wait for pullback to add. Beta 1.7 Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.