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.
Originally published on TraderHR.com.
