Koss Group Sharply Higher On Monster Volume

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.