SPCE formed a very obvious head and shoulders pattern with a clear close below the neckline. At this moment, a red hollow candle has formed, indicating a bounce is near.
Given that RSI is oversold, I expect the bounce to happen tomorrow. If the neckline is retested and price is still closed below, then that would signal the time to reload on puts.
Given that RSI is oversold, I expect the bounce to happen tomorrow. If the neckline is retested and price is still closed below, then that would signal the time to reload on puts.