Quicksilver Resources Inc. (NYSE: KWK), an independent oil and gas company engaged in the acquisition, exploration, development and production of onshore oil and gas in North America, is marginally lower in mid-day trading today.
KWK is seeing a pullback after rising sharply in the previous two trading sessions. On Tuesday, the stock had finished nearly 3% higher, tracking gains in the broad market. The stock extended its gains on Wednesday, rising another 7.2%. In today’s trading, the stock is down 0.30% currently volume of 470,647, which is well below the daily average volume of 2.89 million.
KWK had been trading sideways for nearly two weeks before breaking out on Tuesday. The stock broke through $3.25 resistance level in the previous trading session.
Find out if this is the right time to sell or buy KWK by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=KWK
Lincoln National Corporation (NYSE: LNC), a holding company operating multiple insurance and retirement businesses through its subsidiaries, is marginally higher in trading currently. At last check, LNC was trading 0.01% higher at $25.77.
LNC has finished higher in the previous two trading sessions. However, the gains have been marginal. On Wednesday, the stock rose after the company announced that its Lincoln Financial Group added discount vision and hearing plans to Lincoln DentalConnect® product for loyer benefit packages.
LNC has been gaining upward momentum over the last couple of weeks. However, the stock is struggling to break through $26 resistance level. Technical indicators suggest that the stock could see a pullback in the next few trading sessions.
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