OH stands to gain the amount charted here if CL merger is approved. Each OH share will be worth .8428 CL shares
I like taking BMO:TSX here as I believe it is oversold to the downside. Closest support is marked in blue - very closeby, and good probablility of breaking next week if we see market weakness. However YoY growth on this stock is generally positive and unless we are heading into a recession I believe this is a solid buy here - the most oversold this stock has been...
Stop loss a little under 150 psychological and weekly support - bounce target on the daily will be last lower high around 170s. 5:1 R:R
Check the 50 Day MA for this... has a decent set up here