Koss Corporation KOSS shares are trading higher $0.51 at $2.59 in Friday's session.
The issue bottomed off its opening print at $2.36 and continued to rally.
So far, it has reached $2.96 and retreated. That is a familiar resistance area for the issue, as it made 13 consecutive highs between $2.82 and $3.09 from May 12 through May 29.
The rally is taking place on much heavier volume than average volume, as two million shares have traded compared to its 20-day average of only 13 thousand.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in