RDW

$RDW is starting to look interesting again. MACD is turning positive after a long reset, and the stock is holding near a key long-term support area. I’m building slowly here and treating it as a longer-term position instead of chasing short-term moves.

While still closing the week under its weekly moving average resistance band (5w EMA & 5w SMA), Redwire $RDW (@ $8.62) respects its weekly MA support cluster (176/177/187w SMAs). Is that the point of reversal? 👀

$RDW Just heard on Bloomberg radio Astra Zenica may buy Bristol Myers Squibb. BMS uses Redwire pil-box. Hhhmmm?

$RDW 👀 This is a name I think the market is sleeping on. MACD just flipped green for the first time since May’s massive 227% run, and that’s exactly the type of momentum shift I like watching. I’m continuing to build a long-term position near the 200-week moving average. That level has historically been where strong companies can find major support when sentiment gets too negative. The Wave 3 projection shows a potential 484% upside scenario 🚀. Obviously, targets are never guaranteed, but the risk/reward is what makes this setup interesting. For the next 7 days, I’m watching whether buyers can defend the 200WMA and if momentum continues improving. Small caps can move fast, so patience and position sizing matter. Keeping $RDW on my radar. Follow my profile for more charts, market setups, and stocks I’m watching before the next move starts.

$RDW