Climax tops are usually easy to find. The stock price has a rally of 50-100% within a few weeks and there is mention of that particular stock in various forums, Whatsapp groups etc. Lots of positive newsflow related to the company.
The 52 or ATH company that is best suited to ride for momentum investing is the one that makes these without much noise or fanfare, but preferably with a good bullish candle with good volumes. And which is often neglected. And if there is valuation comfort, its often the best candidate.
One thing to note while riding this whole 52 week or ATH theme is that after breakout there can be prolonged periods of consolidation in these names. These can last few weeks to few months based on the time frame of the chart.
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