11 Technical Levels Discussed On Thursday's PreMarket Prep

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.

• Tesla Inc TSLA hit a low of $300.21. $300 is a big psychological level, and under that there's a May 4 low of $296.80.
• Facebook Inc FB hit a pre-market low of $178.60. That will serve as support, as will the two-day low of $178.94. Watch Wednesday's closing number of $182.66 close as resistance, but the stock is at all-time highs.
• Alibaba Group Holding Ltd BABA hit a pre-market high of $195, and has held it three different times. It needs to hold $191, otherwise it could gap down to $188.88.
• L Brands Inc LB hit a pre-market high of $48.50. It's got a big gap to fill at $49.94 up to $53.59.
• Kellogg Company K has major resistance at $64 and matching trading ranges the last two days.
• Square Inc SQ hit a pre-market low of $35.15, and has matching lows the last two days. Would love to see a close of $36.47, but it's not likely.
• Teva Pharmaceutical Industries (ADR) TEVA the former low of move, $13.26, will now be resistance.
• GoPro Inc GPRO has great support at $9 and a gap fill at $10.26.
• Fitbit Inc FIT hit a pre-market low of $5.85; it needs to clear the close of $6.25.
• Shake Shack Inc SHAK has two monthly highs at $38.26 and $38.27 that will serve as resistance.
• Yelp Inc YELP hit a high of of the move of $48.17; $47.15 is the high close of move.

Watch the full show below.