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Eye on VHC (by TraderHR)

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Virnetx Holding (VHC) is in a bullish flag consolidation and could break to the upside. The flag comes after a month-long upmove in October in which the stock more than doubled from its intraday low near 11 on October 3.

We've set a buy stop of 22.55, above which the stock would confirm a breakout of the flag and continuation of the trend, with a target at 24.02 and then 25.46.

VHC-Daily
Originally published on TraderHR.com.