Oil and gas producer Quicksilver Resources (KWK) is possibly in the process of forming a double-bottom base. Watch to see if it continues shaping the right side. But keep in mind: Its Accumulation/Distribution Rating is D+, indicating heavy selling in recent weeks. On the plus side, earnings and sales growth have been strong the past four quarters. It hails from the Oil & Gas-U.S. Exploration & Production group, which is ranked No. 1 among IBD’s 197 groups, but has suffered some bouts of heavy-volume selling lately.
