NTLA - PEG w/ Optimal R/R (8/23/2021)

Price held at the 23EMA with a overall mixed week. Looking at the volume profile we are in between two strong nodes that have been controlling the trend. Price is below AVWAP but is moving sideways and not lower. Also have a declining 5EMA while lower term MA chop sideways as buyers and seller decide who is going to take control. Looking at the 30M timeframe seller still seem to be present but the buyers still remain in control of the overall trend. ATR and volume is declining which indicates a larger move is coming.