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Friday, 15 March 2019
ACNB Bank (NASDAQ: ACNB): 15 March 2019, Friday, 10.20am Singapore Time
15 March 2019, Friday, 10.20am Singapore Time
Attached is the Technicals for ACNB Bank, a regional bank listed in the US (NASDAQ: ACNB).
Retailers and small players are telling me that this is a triple top or multi-top -- Buy this top then, against the herd. The 3 green circled regions are where retailers' trailing stops are being triggered for taking over of their positions by the smart monies. While most traders and investors are in bear market mode, on the contrary, one should be buying or on the longs side. US markets are still the strongest in the world. Buying such strong stock within strong market (U.S) represents minimal risk with maximum reward.