Should You Buy NMAX? History Says Wait

NMAX exploded 700% on its IPO day, but history tells a different story.

September 2022 Brazil Photo Illustration Newsmax Logo Seen Displayed Smartphone — Stock Photo, Image

 Photo by rafapress


Stay away from IPO’s.

NMAX exploded 700% on its IPO day, but history tells a different story. In this video, I break down the Newsmax (NMAX) chart, the psychology behind IPO spikes, and why seasoned traders usually wait 3–6 months before touching a stock like this. If you’re looking to buy NMAX IPO, then watch this video first!


video length 00:06:53


More By This Author:

QQQ Technical Analysis After Friday’s Crash
GME Chart Is Ugly
LUNR Stock Analysis

Click here to download my Allocation Spreadsheet. Get all of my trades that I make real-time by jumping in the Splash Zone and making some profits for yourself! 

STOCKS IN THIS ARTICLE

Comments