Play: wait for a flush below 2.98, then buy the reclaim back above 3.08. Stop = the flush low (2.97 actual). No reclaim, no trade — full plan below.

How to play this (plain English)

The setup: SPCE sold off hard into a tested support zone at 2.98–3.08. The trade is the flush-and-reclaim: wait for price to dip below the zone intraday (the flush), stabilize, then climb back above it (the reclaim). The reclaim is the entry — you're buying the moment sellers who broke the level have been absorbed. If price undercuts the zone and keeps falling, there is no trade; you never buy the knife.

Exit logic: if the trade rolls green-to-red back through the zone after entry, that's the FAILED signal — exit at the stop, lose 1R, move on. Winners typically run 4–8% over 3–10 days; sell partials at +2R/+3R and trail the rest. One losing trade costs 1R; the math works because winners are multiples of it.

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