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Oct 20, 2020 2:07 AM

ACNB Corp isn't just a trade! This should be an investment! Long

ACNB CorporationNASDAQ

Description

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!
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