Investors Shopping In Kohl's For A Bargain

Kohl's Corporation KSS shares are trading higher by $1.23 at $48.86 in Monday's session. The issue, which made its all-time high last April at $79.60, sank with the retail sector on the whole in late 2015, finally bottoming in November at $41.85.

After a lower open, it continued lower until it found support just under its December 28 low ($46.69), reaching $46.42 before reversing course.

So far, the ensuing rally has come up short of its rebound high ($49.53), only reaching $49.20 before falling back to the $49 area.