Analyzing the options chain and the chart patterns of EGAN eGain Corporation prior to the earnings report this week,
I would consider purchasing the 5usd strike price in the money Calls with
an expiration date of 2023-9-15,
for a premium of approximately $1.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
The most recent candle tested 2 fibonacci levels and closed above the .23 level and also above the 9 ema. The MACD is curling up and the D+ indicator is crossing the D- on the ADX.
Targeting: 11.05, 11.36, 11.79 in the near term.
I like the pin bar that closed above the .61 Fibonacci level and also the recent MACD cross on the daily chart. Also, the proximity to the 200MA gives me confidence that EGAN has bottomed out at $10.57 and should start a prolonged rally and eventually get back to previous levels.
Targeting $12.20 then $13.05
This indicator may be signaling that KIDS's price has momentum to move higher, since its current price exceeds the price logged 14 days ago. Traders may consider buying the stock or exploring call options. Tickeron A.I.dvisor backtested 58 similar cases where KIDS's Momentum Indicator exceeded 0, and 55 of them led to a successful outcome. Odds of Success: 90%....
Over the last three days, Tickeron A.I.dvisor has detected that EGAN's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring...
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...
EGAN reported second-quarter fiscal 2019 adjusted earnings of 8 cents per share that comfortably beat the Zacks Consensus Estimate by 7 cents.
The figure also came well above the year-ago quarter’s adjusted earnings of 2 cents.
Revenues of $16.68 million increased 8.3% from the year-ago quarter per revenue recognition standard 605.
The figure increased 15%...
Earnings report wasn't that bad really, just disappointing. The stock was already up 1000% at one point, and Bank Of Montreal owned 30% of the shares back in December 2017.
I initially flirted with the idea of buying on Monday, or near the 78% line near the March/April consolidation area for $8.00ish, but decided against it due to the extent of the sell off. ...
