NYSE:VHC   VirnetX Holding Corp
VirnetX Holding Corporation (NYSE:VHC) ended Friday's trading session at 5.69, advancing 12% with the stock attracting 20.5 million shares. The stock shows signs of bottoming out with the recent up move from its 4-month low. The stock has also moved back from the oversold zone and closed above all its EMAs. There is a high probability for a trend continuation in the next sessions, as the stock could test the next key resistance level in the 6.59 area. The trend indicator MACD has triggered a fresh buy signal as it curved upward and crossed above its signal line. Long setup on watch for continuation next week.
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