Newsmax Inc. (NYSE: NMAX) just made headlines with one of the most parabolic rallies of 2025. The stock exploded from just $13.71 to an intraday high of $286.61, gaining over 1,300% in just a few sessions—fueled by speculative mania, political buzz, and low-float frenzy.
But after peaking near $252.98, the momentum appears to be cracking. The price is now hovering around $190.00, testing the crucial $194.37 support zone. Traders are asking the obvious: is this the start of a massive breakout trend, or the early stages of a violent correction?
Let’s break it down.
NMAX stock is showing textbook signs of a high-volatility breakout topping out. After multiple green hourly candles, the red reversal now forming just below $200 could be the start of a cooldown phase. Traders should closely watch the $151.12 level—if that breaks, a rapid unwind could follow.
There’s no confirmed catalyst yet—but this hasn’t stopped retail traders from piling in. Given Newsmax’s profile in political media circles, speculation is swirling around potential deals, election-year narratives, or a surprise media acquisition push.
Right now, Newsmax shares are behaving like a textbook momentum rocket—but rockets fall back to earth too. While some bulls believe this is just the beginning, technical indicators suggest the move is overextended.
Unless the stock reclaims $252 on strong volume, the near-term bias is to the downside. That said, a bounce off $151 would keep the bullish breakout narrative intact.
With Bitcoin consolidating and microcaps like MicroAlgo cooling, Newsmax has stolen the spotlight as today’s most explosive stock. Whether you’re trading the momentum or sitting back with popcorn, one thing is certain: this chart belongs on every trader’s screen.
As always—tighten your stops, take your profits, and don’t fall in love with the hype. This one’s moving fast, and the music could stop at any time.
This post was last modified on Apr 03, 2025, 10:18 BST 10:18