The following stocks and technicals were mentioned on Moday'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.
- QUALCOMM, Inc. QCOM hit a pre-market low of $50.50; $49.91 is a low from Sept. 11, and $48.92 is the low of the recent move.
- Intel Corporation INTC needs to clear Monday's high of $45.19 to break through resistance; $47.88 was the Nov. 2000 high.
- Square Inc SQ - $36.48 was the pre-market high from Monday.
- General Electric Company GE - the Flash Crash-low in Aug. 2015 was $19.37; that's the most relevant support right now.
- Under Armour, Inc UAA needs to hold the pre-market low of $13.46.
- Mastercard Inc MA - the pre-market high was $152.50; underneath that is the all-time high from Monday at $151.48.
- Kellogg Company K hit multiple highs at the $62 area; has another double top at $62.50.
- Mondelez International Inc MDLZ has three highs at the $42 area.
- Pfizer Inc PFE - It's all about holding $35; there's multiple lows there, and under that next daily low is from Sept. 12 at $34.36.
- Goldman Sachs Group Inc GS needs to hold the double low at the $239.50 area.
- Burlington Stores Inc BURL has a double top at the $91.70 area from Oct. 23 to Oct. 26.
Watch the full show below:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in