Today we will analyze the stock Cornerstone Bank (CBKJ.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Cornerstone Bank (CBKJ.OB)
1- Last bearish trend was from 7.50 $ (12/15/2008) to 6.50 $ (1/8/2009) a 1.00 $ move 2- The current bullish trend started from 6.50 $ at 1/8/2009 and is currently trading at 6.50 $.
3- CBKJ.OB current support level is at 6.50 which is the 0.00 % fibonacci retracement of the last 1.00 $ move.
4- CBKJ.OB current resistance level is at 6.74 which is the 23.60 % fibonacci retracement of the last 1.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Cornerstone Bank (CBKJ.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 7.500 .
Cornerstone Bank (CBKJ.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 7.500 .
8- The Stock formed a 0.950 $ height triangle which was broken down at 6.750 in higher than usual volume, target of the pattern is 5.800.
Cornerstone Bank (CBKJ.OB) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 1.300 $ height triangle which was broken down at 6.750 in higher than usual volume, target of the pattern is 5.450.

Stock Trading Conclusion:
Cornerstone Bank (CBKJ.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 6.74, 6.87, 6.88, 7.00, 7.12, 7.42, 7.50, 7.77, 8.12.
Stock Support levels : 5.80,.