8 Technical Levels Highlighted On Monday's PreMarket Prep

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.

• Advanced Micro Devices, Inc. AMD - $10.57 is the June low. That's a key support level.
• Chipotle Mexican Grill Inc CMG - It looks like the sellers are finally done. The stock has a three-day range from $270-$283.99, and needs to hold Friday's close of $275.15.
• Merck & Co., Inc. MRK hit a pre-market low of $54.75. Below that the next relevant number is the June 2016 low of $55.10.
• Bristol-Myers Squibb Co BMY- looks like it's pausing at Friday's $61.69 high, so that'll be key resistance.
• General Motors Company GM needs to stay above $43, or look out to $40.80 if it can't.
• Under Armour Inc UAA - $14.75 was the pre-market low. Above that there's an old low at $15.75. If it can get up there, look for it to fill the gap at $16.
• JD.com (ADR) JD has major resistance at $39.
• Piper Jaffray Companies PJC needs to hold $66 as key support