Today we will analyze the stock CANGENE (YGE.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CANGENE (YGE.F)
1- Last bearish trend was from 1.34 $ (4/17/2012) to 1.20 $ (4/23/2012) a 0.14 $ move 2- The current bullish trend started from 1.20 $ at 4/23/2012 and is currently trading at 1.25 $.
3- YGE.F current support level is at 1.23 which is the 23.60 % fibonacci retracement of the last 0.14 $ move.
4- YGE.F current resistance level is at 1.25 which is the 38.20 % fibonacci retracement of the last 0.14 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
CANGENE (YGE.F) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.340 and 1.350, and is currently resisting at 1.327.
CANGENE (YGE.F) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.340 and 1.470 that was broken up at 1.250 transforming into a supporting line.
CANGENE (YGE.F) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 1.340 and 1.470 that was broken up at 1.250 transforming into a supporting line.

Stock Trading Conclusion:
CANGENE (YGE.F) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1.25, 1.27, 1.29, 1.33, 1.34, 1.38, 1.43.
Stock Support levels : 1.24, 1.24, 1.23, 1.23, 1.23, 1.22, 1.20,.