Wednesday July 9, 2025 Stocks Breaking Out Of A Base 85 Days Ago $FTNT $DOCS $CAVA $TEAM $DOCU $SBUX $Z $APP $FTI $NTR $BTI $SU $QXO $CRDO

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Rank Ticker Days Since Previous High
1 FTNT 43
2 DOCS 39
3 CAVA 32
4 TEAM 21
5 DOCU 20
6 SBUX 18
7 Z 18
8 APP ðŸ“ˆ 13
9 FTI ðŸš€ 13
10 NTR 13
11 BTI 11
12 SU 10
13 QXO ðŸ“ˆ 9
14 CRDO ðŸ“ˆ 8
15 COIN ðŸ“ˆ 7
16 HIMS ðŸ“ˆ 7
17 VST ðŸ“ˆ 7
18 WBD ðŸš€ 7
19 AVGO 6
20 DB 6
21 MDB ðŸš€ 6
22 MSFT 6
23 MSFU 6
24 PANW 6
25 PSTG ðŸš€ 6
26 ACHR ðŸš€ ðŸ“ˆ 5
27 AMD 5
28 AMDL ðŸš€ ðŸ“ˆ 5
29 EXAS 5
30 MMM 5
31 NAIL ðŸš€ 5
32 NIO ðŸš€ ðŸ“ˆ 5
33 PHM 5
Stocks Breaking Out Of A Base

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.