Friday June 20, 2025 Stocks Breaking Out Of A Base 122 Days Ago $KR $KMX $SNOW $CSCO $IREN $RKLB $BAC $INTC $LMND $SYF $WFC $COF $IONQ $OKTA

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Rank Ticker Days Since Previous High Name
1 KR 27 Kroger Company (The)
2 KMX 26 CarMax Inc
3 SNOW ðŸš€ 11 Snowflake Inc.
4 CSCO 8 Cisco Systems, Inc.
5 IREN ðŸš€ ðŸ“ˆ 7 IREN LIMITED
6 RKLB ðŸš€ ðŸ“ˆ 7 Rocket Lab Corporation
7 BAC 6 Bank of America Corporation
8 INTC ðŸš€ 6 Intel Corporation
9 LMND ðŸš€ ðŸ“ˆ 6 Lemonade, Inc.
10 SYF 6 Synchrony Financial
11 WFC 6 Wells Fargo & Company
12 COF 5 Capital One Financial Corporati
13 IONQ ðŸš€ ðŸ“ˆ 5 IonQ, Inc.
14 OKTA ðŸš€ 5 Okta, Inc.
15 RKT 5 Rocket Companies, Inc.
16 UAA 5 Under Armour, Inc.
17 WBD ðŸš€ 5 Warner Bros. Discovery, 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.