NTLA Price Boom- Is It Coming to an END???

Jul 6, 2018

For anyone who has been holding this for months congrats you have made some great profits in this stock. As you can see there is a Head and Shoulders pattern forming, and for all those TA's out there you know it spells a potential reversal. Biotechs as a whole have enjoyed a nice boost in price mainly due to significant breakthroughs in science as well as all other sectors under-performing. Now that DJI is getting it footing back at 50MA I believe the spotlight will dim in the coming months for biotechs. So for me I am going to ring the register, and see where the sector goes.

Jul 19, 2018

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A very volatile right shoulder is only further proving my point

Aug 2, 2018

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Still waiting, and a break through the ascending trend-line is going to be very bearish. Overall I expect this stock to correct for the next 1-3 months unless something unforeseen happens.