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.