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Expecting These Outcomes
First and foremost, lets talk about the two most mentioned stocks on the wires today: $TSLA and $TWTR
TSLA has an REI Exception Up + TD Camo Up + TD Differential up as of the close.
The stock will also get a 9-13-9 on the hourly 2H chart at the open. Sorry to break hearts, this isn't bearish. I'm looking to buy the 995 area with a stop below today's open and Ref Close down (977.2)
First upside target is Ref Close up at 1028. Fractal level up to 1208.32 is the main target.
TWTR, your only trade really is to buy some puts in case the deal falls through or outside financing becomes less certain on a big decline in the TSLA stock (I'm sure it will be collateralized via Elon's holdings). The 47 puts 81 days out are 70cents bid. That is literally insane given how "under the microscope" this deal will be. 47 isn't even a 10% decline.
That is basically the trade here. Leg into TSLA longs with TWTR puts. If the TSLA setup doesn't work, hold the puts as deal certainty becomes more and more question with each % decline on TSLA stock.
Other setups that look promising:
ABT closing above the 20EMA after a Sequential 13 bottom. REI Exception up and the plurality oscillation has turned to the upside
No exhaustion on the 60/120M charts
Lockheed: How to play trends 101 here. 50EMA + TDST holding
Hourly 13 + Price Flip
INCY daily 9 buy setup off the 50EMA with TD Camo + Differential Up. Good day trade long setups
AON same deal: REI Exception + Camo + Differential Up off the 50EMA. Only play the leading ones.