Toward $11.85

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Toward $11.85Redwire CorporationBATS:RDWbalinorAt the beginning of the month, the price broke out above the black resistance and continued rising in the following weeks. Last week it found support at the weekly SMA200 (blue line), with trading volumes expanding strongly. A likely scenario is a climb toward the previous high at $11.85. Be cautious — this is a highly volatile stock. Massive investments are pouring into the space sector.