Monday June 16, 2025 Stocks Breaking Out Of A Base 125 Days Ago $GOLD $RDDT $TPR $VALE $ZIM $EVGO $FUTU $VST $CRDO $DLTR $SPOT $BBAI $VRT $ZS

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Rank Ticker Days Since Previous High Name
1 GOLD 40 Gold.com, Inc.
2 RDDT ðŸš€ ðŸ“ˆ 21 Reddit, Inc.
3 TPR 21 Tapestry, Inc.
4 VALE 18 VALE S.A.
5 ZIM ðŸš€ ðŸ“ˆ 17 ZIM Integrated Shipping Service
6 EVGO ðŸš€ ðŸ“ˆ 12 EVgo Inc.
7 FUTU ðŸ“ˆ 12 Futu Holdings Limited
8 VST ðŸ“ˆ 9 Vistra Corp.
9 CRDO ðŸ“ˆ 7 Credo Technology Group Holding
10 DLTR 7 Dollar Tree, Inc.
11 SPOT 7 Spotify Technology S.A.
12 BBAI ðŸš€ ðŸ“ˆ 6 BigBear.ai, Inc.
13 VRT 6 Vertiv Holdings, LLC
14 ZS 6 Zscaler, Inc.
15 CCJ 5 Cameco Corporation
16 CMG 5 Chipotle Mexican Grill, Inc.
17 DG 5 Dollar General Corporation
18 EOSE ðŸš€ ðŸ“ˆ 5 Eos Energy Enterprises, Inc.
19 FFTY 5 Innovator IBD 50 ETF
20 GEV ðŸš€ 5 GE Vernova Inc.
21 MRVL ðŸš€ 5 Marvell Technology, Inc.
22 TECK 5 Teck Resources Ltd
23 ULTA 5 Ulta Beauty, 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.