Today we will analyze the stock EVOGENE (EVGN.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in EVOGENE (EVGN.TA)
1- Last bullish trend was from 1,563.00 $ (1/16/2012) to 1,635.00 $ (1/17/2012) a 72.00 $ move 2- The current bearish trend started from 1,635.00 $ at 1/17/2012 and is currently trading at 1,530.00 $.
3- EVGN.TA current support level is at 1,518.50 which is the 161.80 % fibonacci retracement of the last 72.00 $ move.
4- EVGN.TA current resistance level is at 1,543.42 which is the 127.20 % fibonacci retracement of the last 72.00 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
EVOGENE (EVGN.TA) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 140.000 $ height triangle which was broken down at 1,574.000, target of the pattern is 1,434.000.
EVOGENE (EVGN.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 1,648.000 .
8- The Stock formed a 259.000 $ height triangle which was broken down at 1,580.000, target of the pattern is 1,321.000.
EVOGENE (EVGN.TA) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 685.000 $ height triangle which was broken up at 1,489.000 in higher than usual volume, target of the pattern is 2,174.000.

Stock Trading Conclusion:
EVOGENE (EVGN.TA) 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 : 1,543.42, 1,554.78, 1,563.00, 1,570.11, 1,582.50, 1,590.50, 1,594.89, 1,599.00, 1,607.50, 1,618.01, 1,620.00, 1,630.22, 1,635.00, 1,636.10, 2,174.00.
Stock Support levels : 1,518.50, 1,508.00, 1,434.00, 1,343.93,.