Trading (EGAN) With Integrated Risk Controls

August 17, 2024, 12:24 pm ET, BY Joseph H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for EGAN

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Swing Trading Plans for EGAN

• Buy EGAN slightly over n/a, target n/a, Stop Loss @ 0 Details

If n/a begins to break higher, the technical summary data tells us to buy EGAN just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 7.44, and by rule, any break above resistance is a buy signal. In this case, n/a, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short EGAN slightly near n/a, target 7.44, Stop Loss @ 0. Details

The technical summary data is suggesting a short of EGAN if it tests n/a with a downside target of 7.44. We should have a stop loss in place at 0 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, n/a, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for EGAN

• Buy EGAN slightly over n/a, target n/a, Stop Loss @ 0 Details

If n/a begins to break higher, the technical summary data tells us to buy EGAN just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 7.44, and by rule, any break above resistance is a buy signal. In this case, n/a, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short EGAN slightly near n/a, target 7.44, Stop Loss @ 0. Details

The technical summary data is suggesting a short of EGAN if it tests n/a with a downside target of 7.44. We should have a stop loss in place at 0 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, n/a, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Egain Corporation (EGAN) available here: EGAN.

EGAN Ratings for August 17:

Term →	Near	Mid	Long
Rating	Strong	Weak	Neutral
P1	0	0	5.52
P2	7.4	6.68	6.49
P3	0	7.3	7.44

AI Generated Signals for EGAN

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Egain Corporation (NASDAQ: EGAN) report below can help you, but we have more details too. The trading plans for EGAN, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.