| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | SHOP 🚀 | 36 | Shopify Inc. |
| 2 | SIRI | 25 | SiriusXM Holdings Inc. |
| 3 | PLTR 🚀 📈 | 24 | Palantir Technologies Inc. |
| 4 | EH | 23 | EHang Holdings Limited |
| 5 | AAPL | 16 | Apple Inc. |
| 6 | SQ | 16 | Block, Inc. |
| 7 | AAPU | 15 | Direxion Daily AAPL Bull 2X Sha |
| 8 | M 🚀 | 13 | Macy's Inc |
| 9 | CLF 🚀 | 11 | Cleveland-Cliffs Inc. |
| 10 | ZIM 🚀 📈 | 11 | ZIM Integrated Shipping Service |
| 11 | QS 🚀 📈 | 9 | QuantumScape Corporation |
| 12 | GOOG | 8 | Alphabet Inc. |
| 13 | GOOGL | 8 | Alphabet Inc. |
| 14 | ASML | 5 | ASML Holding N.V. - New York Re |
| 15 | IWM | 5 | iShares Russell 2000 ETF |
| 16 | OKLO 🚀 📈 | 5 | Oklo Inc. |
| 17 | QCOM | 5 | QUALCOMM Incorporated |
| 18 | TSLA | 5 | Tesla, Inc. |
| 19 | TSLL 🚀 📈 | 5 | Direxion Daily TSLA Bull 2X Sha |
| 20 | U 🚀 | 5 | Unity Software 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.