Intellia Therapeutics, Inc.
Long
Updated

[Idea] NTLA long

112
Break over long trendline.
Break above rectangle bottoming base, backtested the breakout and the 50ma yesterday.
Human trials are underway
This could really run to the upside and stops are relatively close.

First target: 18.50

I might consider entry if the 15-minute RSI weakens again.
Note
snapshot

I like the last 3 days of consolidating action in NTLA. It solidifies the breakout and allows the 9ema to catch up a bit. I think the next move is up.

Bought 5 17.5/20 August call spreads. Risk is $329 max profit is $921

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