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Intellia (NTLA) Top Name Back at Trend Support

Intellia (NTLA) Top Name Back at Trend Support

by | Sep 19, 2021 | Chart SetUps

Intellia (NTLA) shares pulled back to the 55-EMA and low-end of monthly value last week before putting in a nice hammer reversal on Friday and closing near the highs. Shares held trend support from the July lows and continue to consolidate in a bigger weekly pattern under $170. A breakout measures out to $230. RSI has pulled back from its recent extreme highs and now starting to turn the corner while MACD also setting up well for an extended run.