November 25, 2020 - MDT Alert (EGAN)

Today, I would like to make a recommendation on a stock purchase.

The stock is eGain Communications Corp. (EGAN).

EGAN is trading around $11.36 as I write this.

It does have monthly options, but I am not going to suggest you sell calls at this time.

I am going to suggest you buy the stock because this will be swing trade. The idea is that EGAN will follow through on the reversal it is putting in today.

Buy EGAN at the market, which is $11.36.

Based on the nominal portfolio, limit the buy in to 400 shares or 4.5% of the portfolio.

/by

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