I am long for this stock. For right now this is an easy money grab with a low probability of failure. Shorting before $15.30 leads to the best probability of success. I intend to close this position before earnings are released.
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Investors may be wondering...hmm is he going to take back his idea that NTLA is going down. NOPE, in fact I am loading up more and more as it goes up. Short this above 16.50 and you will not be disappointed. News in this sector is what I feel is driving the price upwards and that ALONE. Also looking at all the same indicators that I have published this thing is still geared to go lower.
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Stock is still not busting above $17.50 which still gives me hope. If it breaks this and closes above it I will eat my words. I am breaking my rules trading a stock with low volume levels......investors aren't letting this fall.