Thursday January 30, 2025 Stocks Breaking Out Of A Base 200 Days Ago $FAS $NU $XP $APP $BIDU $PDD $NLY $ROKU $DKNG $JNUG $VALE $GOLD $RBRK $COST

Check scan results for prior days 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 0 + Export Tickers

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Rank	Ticker	Days Since Previous High	Name
1	FAS	41	Direxion Financial Bull 3X Shar
2	NU	40	Nu Holdings Ltd.
3	XP	39	XP Inc.
4	APP 📈	34	Applovin Corporation
5	BIDU	34	Baidu, Inc.
6	PDD	34	PDD Holdings Inc.
7	NLY	33	Annaly Capital Management Inc.
8	ROKU	33	Roku, Inc.
9	DKNG	32	DraftKings Inc.
10	JNUG 🚀 📈	31	Direxion Daily Junior Gold Mine
11	VALE	30	VALE S.A.
12	GOLD	29	A-Mark Precious Metals, Inc.
13	RBRK 🚀 📈	29	Rubrik, Inc.
14	COST	27	Costco Wholesale Corporation
15	NKE 🚀	24	Nike, Inc.
16	TMF	19	Direxion Daily 20-Yr Treasury B
17	RETL	15	Direxion Daily Retail Bull 3X S
18	UAA	15	Under Armour, Inc.
19	AFRM 📈	14	Affirm Holdings, Inc.
20	CLF 🚀	7	Cleveland-Cliffs Inc.
21	SIRI	7	SiriusXM Holdings Inc.
22	PBR	6	Petroleo Brasileiro S.A. Petrob
23	PYPL	6	PayPal Holdings, Inc.
24	COF	5	Capital One Financial Corporati
25	DAL	5	Delta Air Lines, Inc.
26	NOK 🚀	5	Nokia Corporation Sponsored
27	SQ	5	Block, Inc.
28	UAL 🚀 📈	5	United Airlines Holdings, 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.