Rank | Ticker | Days Since Previous High |
---|---|---|
1 | MSFT | 44 |
2 | MSFU | 44 |
3 | VRT 📈 | 42 |
4 | COST | 38 |
5 | AVGO | 35 |
6 | VST 📈 | 27 |
7 | HPE | 26 |
8 | SNOW | 26 |
9 | RDDT 🚀 📈 | 25 |
10 | WULF 🚀 📈 | 25 |
11 | OKLO 🚀 📈 | 24 |
12 | QQQ | 24 |
13 | CORZ 📈 | 20 |
14 | CRM | 20 |
15 | F | 20 |
16 | JPM | 20 |
17 | META | 20 |
18 | ORCL 🚀 | 20 |
19 | TSM | 20 |
20 | ADBE | 19 |
21 | AMD | 19 |
22 | NLY | 19 |
23 | TIGR 🚀 📈 | 19 |
24 | UTSL | 18 |
25 | PDD | 17 |
26 | AMDL 🚀 📈 | 15 |
27 | CSCO | 15 |
28 | MRVL | 15 |
29 | AAPU | 12 |
30 | M 🚀 | 12 |
31 | NVDA | 12 |
32 | NVDL 🚀 📈 | 11 |
33 | AAL | 6 |
34 | GME 🚀 📈 | 6 |
35 | SYF | 6 |
36 | MMM | 5 |
37 | NAIL 🚀 📈 | 5 |
In stock trading, a "consolidation" period is a phase where a stock's price trades within a narrow range, often with decreasing volume. This represents a period of market indecision, where buyers and sellers are in a relative balance. The "good" thing about a stock breaking higher out of this consolidation is that it can signal the start of a new, powerful uptrend. A breakout to the upside suggests that buyers have finally overwhelmed sellers, and the accumulated energy from the consolidation period is being released in a bullish direction. This is often accompanied by a significant increase in trading volume, which confirms the conviction of the move. The longer and tighter the consolidation, the more significant the potential breakout. For traders, a breakout from consolidation can provide a low-risk, high-reward entry point. The resistance level that defined the top of the consolidation range now becomes a new support level. This provides a clear area for traders to place a stop-loss order, helping to manage risk. The potential for a strong, sustained move higher makes this a favorite strategy for identifying new momentum plays.