Hilltop Cybersecurity Inc (CNSX:CYBX): Upward Momentum Building

Hilltop Cybersecurity Inc. (CNSX:CYBX) is plotting a comeback after a poor run in the market at the back of a ferocious sell-off wave. The stock’s sentiments in the Street have received a boost, in the recent past, on the signing of a deal that paves the way for the company to generate revenues in excess of $1 million. The signing of deals for new customers also appears to have strengthened the company’s long-term prospects.Hilltop Cybersecurity Price Action Improving fundamentals have helped strengthen investors’ confidence in the stock as a long-term play. Over the past one month, Hilltop Cybersecurity has rallied by more than 200% as it continues to bounce back from all-time lows below the $0.07 mark. CYBXF Daily ChartHowever, the stock is still engulfed in a long-term bear run awaiting to see if the emerging uptrend has the momentum to continue pushing the stock up the charts. The stock is currently down by more than 60% for the year.Taking into consideration the long-term downtrend, the stock needs to rally and stabilize above the $0.28 mark, if investors are to consider it a pullback play. Above the $0.28 mark, the stock should be able to make a push for the $0.42 handle, seen as the next substantial resistance level.Sell-offs, for now, should find support at the $0.19 mark, below which the stock remains susceptible to further sell-offs on the continuation of the long-term downtrend. Considering recent developments, Hilltop Cybersecurity might as well have served catalysts that support further movements on the upside on strengthening investor sentiments.

About Hilltop Cybersecurity

Hilltop Cybersecurity casts itself as a Cybersecurity and cryptocurrency security company. Formerly known as Big Wind Capital, the company has tweaked its business model to focus on Cybersecurity solutions for the emerging cryptocurrency sector.It has already unveiled a patented Cybersecurity platform for protecting businesses from external and internal attacks having also patented a biometric security solution for the digital currencies.

Why is Hilltop Cybersecurity Rallying after Bear Run?

Renewed investor interest in Hilltop Cybersecurity, after a rollercoaster first half, follows the signing of a one-year renewable contract with Twin Soft Corp. The deal paves the way for Twin-Soft to sell the company’s products made up of CyberEPM, Vauban, and CryptoKEEP across the Middle East and North AfricaThe deal calls for a minimum of $1 million commitment on CYBX products.

"We are thrilled to continue to execute on our plan of indirect sales channels in specific, targeted markets and we feel that the potential in the Middle East and North Africa is outstanding given the current environment in Cybersecurity and cryptocurrency security,” said CEO Corby Marshall.

The $1 million-plus deal underscores the growing demand for Cybersecurity solutions in the cryptocurrency space. The signing of a distribution deal with Twin-Soft Corp paves the way for Hilltop Cybersecurity to address the market need and in the process generate significant value.In addition to the Twin-Soft distribution deal, Hilltop Cybersecurity PEP Solar in Phoenix Arizona is set to become the company’s new customer. PEP Solar is to use the Company’s Vauban product to secure its solar operations as well as create awareness and shield itself from cyber threatsThe signing of a deal with PEP Solar underscores how focused Hilltop Cybersecurity is about enhancing its products offerings as well as the signing of deals in pursuit of sales. The company’s three Cybersecurity products continue to elicit strong demand as they continue to drive efficiency and cost savings.CybetEPM is the company’s cloud-based application that allows decision makers to utilize capital wisely while securing enterprise assets from external and internal attacks. Vauban, on the other hand, is designed to provide full spectrum when it comes to monitoring and detection of advanced threats. CyberKEEP is the company’s flagship Cybersecurity solution for securing cryptocurrency transactions

“We are pleased with the forward movement of our product strategy. We continue to stay true to our cyber-security roots and are confident that as the market understands the value of our product offering and our completeness of vision and execution, that we will be rewarded in the market with increased product sales and increased market differentiation,” said Mr. Marshall.

What Next For Hilltop Cybersecurity

Hilltop Cybersecurity is not yet out of the woods given the amount of market value it has lost since the start of the year. The underlying long-term bear run is one that anyone should keep an eye on even as the company tries to bottom out from current lows.For the stock to experience a complete turnaround, the company will have to serve up more catalysts in a bid to strengthen investor confidence in the company’s long-term prospects. That said it may be wise to wait until the stock rises and stabilizes above the $0.28 mark to consider it a long-term investment play.We will be updating our subscribers as soon as we know more. For the latest updates on CNSX:CYBX, sign up below!Disclosure: We have no position in CNSX:CYBX and have not been compensated for this article.