| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | NIO 🚀 📈 | 43 |
| 2 | TTD | 42 |
| 3 | YMM | 41 |
| 4 | VTR | 39 |
| 5 | EH | 37 |
| 6 | RUN 🚀 📈 | 36 |
| 7 | YINN 📈 | 22 |
| 8 | AUR 📈 | 21 |
| 9 | SMR 📈 | 14 |
| 10 | ASML | 13 |
| 11 | PLTU 🚀 📈 | 12 |
| 12 | AMD | 11 |
| 13 | AMDL 🚀 📈 | 11 |
| 14 | BABA | 11 |
| 15 | CCJ | 11 |
| 16 | CPNG | 11 |
| 17 | ASTS 📈 | 10 |
| 18 | TWLO | 10 |
| 19 | EVGO 🚀 📈 | 9 |
| 20 | NBIS 🚀 📈 | 9 |
| 21 | AEO 🚀 | 8 |
| 22 | SNAP | 8 |
| 23 | CIEN 📈 | 7 |
| 24 | TSM | 7 |
| 25 | APLD 🚀 📈 | 6 |
| 26 | C | 6 |
| 27 | BIDU | 5 |
| 28 | FSLR | 5 |
| 29 | JPM | 5 |
| 30 | TME | 5 |
| 31 | XPEV 🚀 📈 | 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.