ACNB - Similar Double TopsDouble Top patterns within an up channel. I expect the second double top to play out similar to the first, with a breakdown ensuing. Weekly Chart
ACNB trade ideas
ACNB Corp isn't just a trade! This should be an investment!Resting right on the 20dma I am anticipating a nice long opportunity if the pivot point holds here to R2.
This company makes a great investment due to fundamental analysis and we can see the downside here remains in-wedge most likely at $20 making downside risk very low.
HQ is in Gettysburg PA
Alan Stock is Chairman and sits on $750k worth of equity in the company.
If you investigate the SEC Form 4 there has been a great deal of accumulation from various directors and the C-Suite through Sept15th tp now.
Get long folks!
