Redwire Corp $RDW is currently exhibiting a Squeeze Score of 90.40.
Here’s what the chart looks like:
Redwire is coiled in a tight base as price presses up against the most important level for this stock.
The confluence of anchored VWAPs here is exceptional—the kind of level we do not see often. Every anchor going back to the IPO/SPAC leads to the same place. Bulls and bears are battling it out, and 10.15 is the point of control.
With volatility on the Strazza Indicator compressed near multi-month lows, momentum is being stored for the next directional move.
