Rank | Ticker | Days Since Previous High |
---|---|---|
1 | CORZ | 45 |
2 | RIOT | 36 |
3 | GME 🚀 | 35 |
4 | BKR | 31 |
5 | BX | 30 |
6 | ARM 🚀 | 28 |
7 | ORCL 🚀 | 28 |
8 | NTNX | 23 |
9 | HWM | 22 |
10 | IONQ 🚀 | 20 |
11 | PBR-A | 20 |
12 | ROBN 🚀 | 20 |
13 | CART | 19 |
14 | CLSK | 19 |
15 | NRG | 19 |
16 | QQQ | 19 |
17 | COIN | 18 |
18 | CRWV 🚀 | 18 |
19 | VG | 18 |
20 | VRT | 18 |
21 | VST | 18 |
22 | TQQQ | 17 |
23 | CONL 🚀 | 16 |
24 | MUFG | 16 |
25 | QUBT 🚀 | 16 |
26 | RDDT 🚀 | 16 |
27 | WULF 🚀 | 16 |
28 | SYM | 15 |
29 | PCG | 14 |
30 | PLTR 🚀 | 12 |
31 | PLTU 🚀 | 12 |
32 | BBVA | 11 |
33 | BITX | 11 |
34 | ZTO | 11 |
35 | BCS | 10 |
36 | SOFI | 10 |
37 | CVE | 9 |
38 | PSKY 🚀 | 9 |
39 | MFG | 8 |
40 | PSTG 🚀 | 8 |
41 | QBTS 🚀 | 8 |
42 | SMCI 🚀 | 8 |
43 | CVNA | 7 |
44 | DDOG | 7 |
45 | GEV | 7 |
46 | NDAQ | 7 |
47 | NVDA | 7 |
48 | NVDL 🚀 | 7 |
49 | PBR | 7 |
50 | SU | 7 |
51 | ZS | 7 |
52 | APLD 🚀 | 6 |
53 | BAX | 6 |
54 | EQNR | 6 |
55 | OWL | 6 |
56 | BULL 🚀 | 5 |
57 | CRCL 🚀 | 5 |
58 | OKLO 🚀 | 5 |
59 | OVV | 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.