| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | FTNT | 40 |
| 2 | YUMC | 35 |
| 3 | AAPU | 34 |
| 4 | EOSE 🚀 📈 | 25 |
| 5 | CART | 20 |
| 6 | CVNA 📈 | 19 |
| 7 | BIDU | 18 |
| 8 | BA | 17 |
| 9 | AAL | 16 |
| 10 | RGTI 🚀 📈 | 16 |
| 11 | UAL 🚀 📈 | 16 |
| 12 | QBTS 🚀 📈 | 15 |
| 13 | AGI | 13 |
| 14 | QUBT 🚀 📈 | 13 |
| 15 | B | 12 |
| 16 | TCOM | 12 |
| 17 | V | 12 |
| 18 | WPM | 12 |
| 19 | KGC | 9 |
| 20 | BTI | 8 |
| 21 | GOLD | 8 |
| 22 | NTR | 8 |
| 23 | RIG | 8 |
| 24 | SNOW 🚀 | 7 |
| 25 | YMM | 7 |
| 26 | UBER | 6 |
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.