| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | SMCI 🚀 📈 | 44 | Super Micro Computer, Inc. |
| 2 | ZIM 🚀 📈 | 38 | ZIM Integrated Shipping Service |
| 3 | RDDT 🚀 📈 | 35 | Reddit, Inc. |
| 4 | SHOP 🚀 | 35 | Shopify Inc. |
| 5 | AMD | 34 | Advanced Micro Devices, Inc. |
| 6 | AMDL 🚀 📈 | 33 | GraniteShares 2x Long AMD Daily |
| 7 | BABA | 32 | Alibaba Group Holding Limited |
| 8 | BIDU | 29 | Baidu, Inc. |
| 9 | EH | 29 | EHang Holdings Limited |
| 10 | PDD | 29 | PDD Holdings Inc. |
| 11 | AA | 28 | Alcoa Corporation |
| 12 | APLD 🚀 📈 | 28 | Applied Digital Corporation |
| 13 | RCAT 🚀 📈 | 23 | Red Cat Holdings, Inc. |
| 14 | CELH 🚀 | 15 | Celsius Holdings, Inc. |
| 15 | DJT 🚀 📈 | 13 | Trump Media & Technology Group |
| 16 | GOOG | 13 | Alphabet Inc. |
| 17 | GOOGL | 13 | Alphabet Inc. |
| 18 | RKLB 🚀 📈 | 12 | Rocket Lab Corporation |
| 19 | SOFI 📈 | 11 | SoFi Technologies, Inc. |
| 20 | GGLL 📈 | 7 | Direxion Daily GOOGL Bull 2X Sh |
| 21 | U 🚀 | 5 | Unity Software Inc. |
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.