| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | EOSE 🚀 | 45 |
| 2 | DECK 🚀 | 32 |
| 3 | OKTA 🚀 | 31 |
| 4 | YPF | 18 |
| 5 | DASH | 17 |
| 6 | NWG | 17 |
| 7 | PCG | 17 |
| 8 | CDNS | 15 |
| 9 | GS | 15 |
| 10 | CELH 🚀 | 14 |
| 11 | FDX | 14 |
| 12 | FSLR | 14 |
| 13 | CRBG | 13 |
| 14 | ET | 12 |
| 15 | WMT | 12 |
| 16 | PANW | 11 |
| 17 | PGR | 11 |
| 18 | V | 11 |
| 19 | OVV | 8 |
| 20 | SMCI 🚀 | 8 |
| 21 | TTD | 8 |
| 22 | GE | 6 |
| 23 | PLTR 🚀 | 6 |
| 24 | PLTU 🚀 | 6 |
| 25 | VRT | 6 |
| 26 | COO | 5 |
| 27 | IBKR | 5 |
| 28 | MSFT | 5 |
| 29 | MSFU | 5 |
| 30 | NVDA | 5 |
| 31 | NVDL 🚀 | 5 |
| 32 | TSM | 5 |
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.