Monday June 9, 2025 Stocks Breaking Out Of A Base Forty-Six Days Ago $RIG $UAL $AMZN $AMZU $ASML $CLF $SYF $TER $ENTG $USB $COF $DAL $DVN $PTEN

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Rank Ticker Days Since Previous High
1 RIG 19
2 UAL ðŸš€ 19
3 AMZN 18
4 AMZU 18
5 ASML 17
6 CLF ðŸš€ 17
7 SYF 17
8 TER ðŸš€ 17
9 ENTG 15
10 USB 15
11 COF 14
12 DAL 14
13 DVN 14
14 PTEN 14
15 AGNC 13
16 DRN 13
17 GUSH 13
18 TGT 13
19 DOW 12
20 XOM 12
21 INTC 11
22 JD 11
23 QCOM 11
24 AA 10
25 EH 10
26 MSTR 10
27 CCJ 9
28 CLSK 9
29 EQNR 9
30 FDX 9
31 PDD 9
32 PTON ðŸš€ 9
33 ACHR ðŸš€ 8
34 GGLL 8
35 GOOG 8
36 GOOGL 8
37 RKLB ðŸš€ 8
38 ARM ðŸš€ 7
39 DKNG 7
40 M 7
41 NLY 7
42 QS ðŸš€ 7
43 QUBT ðŸš€ 7
44 TAL ðŸš€ 7
45 WBD ðŸš€ 7
46 EOSE ðŸš€ 6
47 FLUT 6
48 SIRI 6
49 LCID ðŸš€ 5
50 TEM 5
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.