Cornerstone Strategic Return Fund (AMEX: CRF) (AMEX:CRF) Stock Research Trends Targets and Technical Analysis - AMEX American exchange [en]

Today we will analyze the stock Cornerstone Strategic Return Fund (CRF) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Cornerstone Strategic Return Fund (CRF)
1- Last bearish trend was from 10.77 $ (1/19/2010) to 9.61 $ (2/16/2010) a 1.16 $ move 2- The current bullish trend started from 9.61 $ at 2/16/2010 and is currently trading at 10.24 $. 3- CRF current support level is at 10.19 which is the 50.00 % fibonacci retracement of the last 1.16 $ move.
4- CRF current resistance level is at 10.33 which is the 61.80 % fibonacci retracement of the last 1.16 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
Cornerstone Strategic Return Fund (CRF) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 10.770 and 10.870, and is currently resisting at 10.667.
Cornerstone Strategic Return Fund (CRF) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 10.770 and 10.870, and is currently resisting at 10.667.
Cornerstone Strategic Return Fund (CRF) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 2.110 $ height triangle which was broken down at 10.240 in higher than usual volume, target of the pattern is 8.130.

Stock Trading Conclusion:
Cornerstone Strategic Return Fund (CRF) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 10.33, 10.67, 10.77, 11.09, 11.21, 11.49.
Stock Support levels : 10.19, 10.09, 10.05, 10.00, 9.92, 9.88, 9.85, 9.61,.