10 Stocks Highlighted On Wednesday's PreMarket Prep

The following stocks and technicals were mentioned on Wednesday'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. 

• International Business Machines Corp. IBM - Had tons of weekly resistance $155-156, but looks to be filling the gap from May at $158.36 from when Warren Buffett lightened his position.
• Lam Research Corporation LRCX - Look for it to stay above yesterday's high and all-time high of $194.55.
• Interactive Brokers Group, Inc. IBKR - Will old resistance be new support at $48.15?
• U.S. Bancorp USB - Has multiple (8) highs at $54.40.
• SUPERVALU INC SVU - Major overhead supply, low of yesterday's move was $18.50.
• Chipotle Mexican Grill, Inc CMG - Has pre-market support at $320, which is also the last two lows.
• Ulta Beauty Inc ULTA - Not even at two-day low 195.27.
• Ford Motor Company F - There are mounds of sellers at the $12.40 area.
• MGM Resorts International MGM - Got a downgrade into underneath demand at a triple bottom from $29.56-$29.63.
• GoPro Inc GPRO - Has three highs from $9.69-$9.79. If it clears there, that’ll give $10 a shot.