Courtesy of Benzinga.
The following stocks and technicals were mentioned on Thursday’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.
- DryShips Inc. (NASDAQ: DRYS) – the only relevant number is Wednesday’s close of $5.
- Twitter Inc (NYSE: TWTR) – $19.27 is a big number. It fills the gap from July 26, which is when buyout rumor talks broke down.
- Celgene Corporation (NASDAQ: CELG) – $100 is psychological support. It has multiple lows from late June/early July in the $96-$98 range.
- Ford Motor Company (NYSE: F)- huge resistance at $12.40, and there are likely more sellers at $12.50.
- Buffalo Wild Wings (NASDAQ: BWLD) – $125.50 is the pre-market high, and it fills the gap at $120.80 .
- Comcast Corporation (NASDAQ: CMCSA) – $37.25 is the pre-market high, $37.20 fills a gap from Oct. 11.
- American Airlines Group Inc (NASDAQ: AAL) – looks like it has a big buyer at $52 and a big seller at $52.10.
- Bristol-Myers Squibb Co (NYSE: BMY) – has support at a series of lows at $62.20, old support is new resistance at $63.50.
- Kraft Heinz Co (NASDAQ: KHC) – is trying to clear a double top at $77.42, with another high at $77.46 which is resistance for now.
- United Parcel Service, Inc (NYSE: UPS) – has a triple top at the $120.40 area, and a triple bottom at $117.40 from mid-August.
- Microsoft Corporation (NASDAQ: MSFT) – has a trio of highs from $79.10-$79.34.
Posted-In: PreMarket PrepTechnicals Previews Pre-Market Outlook Trading Ideas