| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | PLTR 🚀 📈 | 9 | Palantir Technologies Inc. |
| 2 | PLTU 🚀 📈 | 9 | Direxion Daily PLTR Bull 2X Sha |
| 3 | TMF | 8 | Direxion Daily 20-Yr Treasury B |
| 4 | BROS | 7 | Dutch Bros Inc. |
| 5 | WMT | 7 | WALMART INC |
| 6 | CELH 🚀 | 6 | Celsius Holdings, Inc. |
| 7 | COST | 6 | Costco Wholesale Corporation |
| 8 | DELL | 6 | Dell Technologies Inc. |
| 9 | DOCU | 6 | DocuSign, Inc. |
| 10 | KNX | 6 | Knight-Swift Transportation Hol |
| 11 | T | 6 | AT&T Inc. |
| 12 | V | 6 | Visa Inc. |
| 13 | GM 🚀 | 5 | General Motors Company |
| 14 | PGR | 5 | Progressive Corporation (The) |
| 15 | VZ | 5 | Verizon Communications Inc. |
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.