Halcon Resources News
HOUSTON, TEXAS -- Halcon Resources Corporation (NYSE: HK) ("Halcon" or the "Company") today announced plans to release its first quarter 2014 financial results on Wednesday, May 7, ...
Now is the time to position and hold in natural gas names.
Halc (HK) was a big mover last session, as the company saw its shares rise by roughly 10% on the day.
The cheapest segment rallied simultaneously with the most expensive.
Halcon Resources (HK) surged on high volume on Monday as peer company Goodrich Petroleum (GDP) skyrocketed. Goodrich rose more than 30% after it announced completion of its Blades 33H-1 well in Tangipahoa Parish, Louisiana. Halcon rose alongside Goodrich and surged more than 10% to a high of $5.22 for the day as of 1:20 p.m. More than 9 million shares had changed hands by that point, nearly double the average volume of 4,980,040.
Trade-Ideas LLC identified Halcon Resources (HK) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate