Aegion Corp AEGN

Aegion has had a great run since October 2011.  Recently price respected the weekly trend line around 17.90. 

Looking at over 20 for a further upside push. Target 22.

Aegion Corp. AEGN

AEGN hit some key levels this past week at around $19.00 on the weekly. Still firmly holding its uptrend from october. 

Daily chart is also holding its uptrend line and looks to be ready to attempt to break the $189.97 high on 2/9/12.  Tested 200MDA, rsi pointing higher, macd could be bottoming.

Hourly is stuck in a flag.  Tomorrows action should give some more clues as to the direction.  If a break and hold above $19.00 we could see $22.50 otherwise it should find support around $16.00