| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | BP | 38 |
| 2 | CHWY | 28 |
| 3 | OKLO 🚀 | 27 |
| 4 | CART | 17 |
| 5 | VST | 17 |
| 6 | NVDL 🚀 | 16 |
| 7 | JPM | 15 |
| 8 | UBER | 15 |
| 9 | RIVN | 12 |
| 10 | DELL | 11 |
| 11 | RUN 🚀 | 11 |
| 12 | UTSL | 11 |
| 13 | VRT | 11 |
| 14 | PINS | 10 |
| 15 | ARM 🚀 | 9 |
| 16 | CELH 🚀 | 9 |
| 17 | CORZ | 9 |
| 18 | SQ | 9 |
| 19 | MDB 🚀 | 8 |
| 20 | SNAP | 8 |
| 21 | RBLX | 7 |
| 22 | AGNC | 6 |
| 23 | CLSK | 6 |
| 24 | META | 6 |
| 25 | NVDA | 6 |
| 26 | APP | 5 |
| 27 | HOOD | 5 |
| 28 | IREN 🚀 | 5 |
| 29 | LRCX | 5 |
| 30 | MRVL 🚀 | 5 |
| 31 | RIOT | 5 |
| 32 | SPG | 5 |
| 33 | TSM | 5 |
| 34 | WULF 🚀 | 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.