I purchased 58 shares of eGain today at an average of 7.68. Expecting it to break $9.0 by Q3 2020.
This company is undervalued. As a beginner trader, I am not able to articulate the technicals that can back this up but I am using this post so that I can review my pick down the road.
I completed research using the following resources:
"The 4 analysts offering 12-month price forecasts for eGain Corp have a median target of 11.50, with a high estimate of 15.00 and a low estimate of 8.00. The median estimate represents a +48.39% increase from the last price of 7.75." - CNN Business Forecast
RobinHood estimated earnings versus actual continuously shows that actual earnings, since Q3 2018 have been higher than estimated.
Previous Holding Experience with eGAN:
January 15, bought 50 shares at 6.38,
January 15 bought 8 shares at 6.41,
January 17th bought 2 shares at 6.95,
January 22, bought 66 Shares at 6.95,
Sold 126 shares at 10.67.
June 4th purchased 46 shares at 7.60,
June 24th sold 46 shares at 8.22.
This company is undervalued. As a beginner trader, I am not able to articulate the technicals that can back this up but I am using this post so that I can review my pick down the road.
I completed research using the following resources:
"The 4 analysts offering 12-month price forecasts for eGain Corp have a median target of 11.50, with a high estimate of 15.00 and a low estimate of 8.00. The median estimate represents a +48.39% increase from the last price of 7.75." - CNN Business Forecast
RobinHood estimated earnings versus actual continuously shows that actual earnings, since Q3 2018 have been higher than estimated.
Previous Holding Experience with eGAN:
January 15, bought 50 shares at 6.38,
January 15 bought 8 shares at 6.41,
January 17th bought 2 shares at 6.95,
January 22, bought 66 Shares at 6.95,
Sold 126 shares at 10.67.
June 4th purchased 46 shares at 7.60,
June 24th sold 46 shares at 8.22.