Below is the is the Cash Pile call for Wednesday, 21 October, as follows:
eGain Corp. (NASDAQ:EGAN) this growth story is compelling. The stock closed Tuesday in NY at 19.72 against it 52 wk high of 20.55.
All of my technical indicators have turned Very Bullish across the board garnering a Strong Buy rating Wednesday for a intermediate target price at 32.15.
EGAN broke out at 8.02 on 22 April and confirmed on 23 September at 13.06.
There is Key support at 17.27 and very light resistance at 20.12
eGain Corporation operates as a software-as-a service provider of customer engagement solutions in the United States, the United Kingdom, India, and internationally.
It provides eGain solution, a unified cloud software solution to automate, augment, and orchestrate customer engagement, including digital-first, omnichannel desktop, AI (artificial intelligence) and knowledge, and analytics and machine learning applications, as well as platform APIs and pre-built third-party connectors.
The company’s suite includes various applications for digital interaction, knowledge management, and AI-based process guidance.
It also provides integrated analytics for contact centers and digital properties to measure, manage, and optimize resources. In addition, the company offers subscription services and customer support services; and consulting, implementation, and training services.
It serves customers in various industry sectors, including the financial services, telecom, retail, government, healthcare, and utilities.
The company was founded in Y 1997 and is HQ’d in Sunnyvale, California.
Have a healthy day, Keep the Faith!