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.
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QUALCOMM, Inc. (NASDAQ: 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.
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Intel Corporation (NASDAQ: INTC) needs
to clear Monday's high of $45.19 to break through resistance; $47.88 was the Nov. 2000 high.
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Square Inc (NYSE: SQ) - $36.48 was the
pre-market high from Monday.
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General Electric Company (NYSE: GE) - the
Flash Crash-low in Aug. 2015 was $19.37; that's the most relevant support right now.
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Under Armour, Inc (NYSE: UAA) needs to
hold the pre-market low of $13.46.
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Mastercard Inc (NYSE: MA) - the pre-market
high was $152.50; underneath that is the all-time high from Monday at $151.48.
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Kellogg Company (NYSE: K) hit multiple highs
at the $62 area; has another double top at $62.50.
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Mondelez International Inc (NASDAQ: MDLZ) has three highs at the $42 area.
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Pfizer Inc (NYSE: 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.
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Goldman Sachs Group Inc (NYSE: GS) needs to
hold the double low at the $239.50 area.
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Burlington Stores Inc (NYSE: BURL) has a
double top at the $91.70 area from Oct. 23 to Oct. 26.
Watch the full show below:
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