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Look for Shares of Kohls Corp to Potentially Rebound after Yesterday's 1.52% Sell Off

By David Diaz

Kohls Corp (NYSE:KSS) traded in a range yesterday that spanned from a low of $80.02 to a high of $81.71. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $80.32 on volume of 902,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that subscribers consider buying shares of Kohls Corp on July 19th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $73.68. Since that recommendation, shares of Kohls Corp have risen 10.5%. We continue to monitor KSS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Kohls Corp have traded between a low of $37.97 and a high of $82.42 and are now at $80.21, which is 111% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.7%.

Keywords: rebounders kohls corp

Ticker(s): KSS