7 Technical Levels Discussed On Friday's PreMarket Prep

The following stocks and technicals were mentioned on Friday's edition of PreMarket Prep, a daily trading ideas show hosted by former floor trader Joel Elconin and prop trader Dennis Dick.

You can listen to the show live every day from 8-9 a.m. ET here, or catch the podcast on iTunes, Soundcloud, and Stitcher.

• General Electric Company GE as of 9:10 a.m., there's a buyer lurking at the $21.50 area. There's no good level on the chart, since the next major daily was from the August 24, 2015 flash crash at $19.37.
• Proctor & Gamble Co PG has a pre-market low $90, which coincides with the Oct. 10 low at $89.86. Under that there's air until the July 27 low at $89.
• PayPal Holdings Inc PYPL has a pre-market seller at the $72 area, with a high of $72.09.
• National Beverage Corp FIZZ is a falling knife. There are a ton of lows in June in the $91.50-$93 area.
• Lululemon Athletica inc LULU $61.90 is the Oct. 13 high. There's air up to $63.27 after that, and super long-term resistance at $64.
• Lennar Corporation LEN rather than attempting to buy on a pullback to the $57 area, there's no good reference point to short.

• Sketchers USA Inc SKX has a June 2016 high of $32.71, and a pre-market high of $31.20. There's relentless buying ahead of the open.

Watch the full show below.