Redwire ($RDW) — watching my buy zone, not in yet Redwire CorpBATS:RDWFibonaussieRedwire is a faster, riskier name than my recent long-term ideas (NOW, PATH) — and right now this is a watch, not a call. I'm not buying yet. Price is still above my buy zone (~$9–12), and I don't think the pullback is necessarily finished. What I want to see is how price reacts when it gets there — a hold, a higher low, signs the bottom is in — before I'd commit a cent. This is a harder trade than the long-term holds, but if it sets up, I'd expect it to move faster for quicker gains. That's the trade-off: more speed, more skill and discipline required. The plan: I'll update when I think the pullback's done, or if something changes my read on the bottom. I'll post targets once I believe the bottom is in — not before. No point drawing targets on a level that hasn't proven itself yet. Watching, not positioned. Not financial advice — just how I read it.