Thursday June 5, 2025 Stocks Breaking Out Of A Base 132 Days Ago $GFI $PAAS $AEM $NEM $TECK $AMZN $AMZU $CMG $JHX $NXPI $PYPL $SOXL $AFRM $BROS

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Rank Ticker Days Since Previous High Name
1 GFI 34 Gold Fields Limited
2 PAAS 34 Pan American Silver Corp.
3 AEM 31 Agnico Eagle Mines Limited
4 NEM 31 Newmont Corporation
5 TECK 17 Teck Resources Ltd
6 AMZN 15 Amazon.com, Inc.
7 AMZU 15 Direxion Daily AMZN Bull 2X Sha
8 CMG 15 Chipotle Mexican Grill, Inc.
9 JHX ðŸš€ 15 James Hardie Industries plc.
10 NXPI 15 NXP Semiconductors N.V.
11 PYPL 15 PayPal Holdings, Inc.
12 SOXL ðŸš€ ðŸ“ˆ 15 Direxion Daily Semiconductor Bu
13 AFRM ðŸ“ˆ 14 Affirm Holdings, Inc.
14 BROS 13 Dutch Bros Inc.
15 SOFI ðŸ“ˆ 13 SoFi Technologies, Inc.
16 TLT 13 iShares 20+ Year Treasury Bond
17 TMF 13 Direxion Daily 20-Yr Treasury B
18 ABNB 12 Airbnb, Inc.
19 TEAM 12 Atlassian Corporation
20 NKE ðŸš€ 11 Nike, Inc.
21 ZI ðŸš€ 11 ZoomInfo Technologies Inc.
22 CART 10 Maplebear Inc.
23 FSLR 10 First Solar, Inc.
24 TSCO 10 Tractor Supply Company
25 YINN ðŸ“ˆ 10 Direxion Daily FTSE China Bull
26 ADBE 9 Adobe Inc.
27 IREN ðŸš€ ðŸ“ˆ 9 IREN LIMITED
28 BABA 8 Alibaba Group Holding Limited
29 VALE 7 VALE S.A.
30 BB ðŸš€ ðŸ“ˆ 6 BlackBerry Limited
31 LYV 6 Live Nation Entertainment, Inc.
32 ENTG 5 Entegris, Inc.
33 LRCX 5 Lam Research Corporation
34 NBIS ðŸš€ ðŸ“ˆ 5 Nebius Group N.V.
35 NVDA 5 NVIDIA Corporation
36 NVDL ðŸš€ ðŸ“ˆ 5 GraniteShares 2x Long NVDA Dail
37 RKT 5 Rocket Companies, Inc.
38 ROKU 5 Roku, Inc.
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.