Today we will analyze the stock Cornerstone Bancshares Inc. (CSBQ.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Cornerstone Bancshares Inc. (CSBQ.OB)
1- Last bearish trend was from 2.45 $ (5/2/2012) to 1.75 $ (5/8/2012) a 0.70 $ move 2- The current bullish trend started from 1.75 $ at 5/8/2012 and is currently trading at 2.00 $.
3- CSBQ.OB current support level is at 1.92 which is the 23.60 % fibonacci retracement of the last 0.70 $ move.
4- CSBQ.OB current resistance level is at 2.02 which is the 38.20 % fibonacci retracement of the last 0.70 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
Cornerstone Bancshares Inc. (CSBQ.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.450 and 2.500, and is currently resisting at 2.433.
Cornerstone Bancshares Inc. (CSBQ.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 2.450 and 2.500, and is currently resisting at 2.433.
Cornerstone Bancshares Inc. (CSBQ.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 2.500 .

Stock Trading Conclusion:
Cornerstone Bancshares Inc. (CSBQ.OB) was trading in a bearish 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 : 2.02, 2.10, 2.18, 2.43, 2.45, 2.50, 2.64, 2.88.
Stock Support levels : 1.94, 1.92, 1.90, 1.88, 1.85, 1.75,.