Quicksilver Resources ( KWK) is an independent oil and gas company engaged primarily in the acquisition, exploration, development and production of onshore oil and gas in North America. This stock closed up 4.3% to $4.33 in recent trading. Thursday's Range: $4.14-$4.35 52-Week Range: $2.93-$8.87 Volume: 2.2 million Three-Month Average Volume: 3.3 million From a technical perspective, KWK bounced higher right off its 50-day moving average of $4.12 with light volume. This move is following a recent bounce from $3.28, and some recent coiling of the share price right around its 50-day. Traders should now look to play the next major breakout trade for KWK. That trade will hit once it manages to clear some near-term overhead resistance levels at $4.39 to $4.49, and then $4.81 to $5 with high volume. Traders should now look for long-biased trades in KWK as long as its trending above its 50-day, and then once it sustains a move or close above those breakout levels with volume that hits near or above 3,291,360 shares. If that breakout triggers soon, then look for KWK to re-test or possibly take out its next major overhead resistance levels at $5.97 to $6.25, or possibly even $7. To see more stocks under-$10 that are making notable moves higher today, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.