$NTLA looks like a very typical Cathie Wood stock and $ARK continue to add to this stock as it drifts lower and lower, kept down by its 200 Day MA for the last 2 years.
This is not a buy for me while it it still descending here, I would need to see a firm breakout and strong retest and confirmation of support outside of this wedge before considering a position.
Targets are as shown and I am just following the theory but there is no need to rush in here until support is confirmed first.
Thomas
2024-06-17 12:59:31 +0000 UTC