6 Key Technical Levels Discussed On Monday's PreMarket Prep

The following stocks and technicals were mentioned on Monday'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.

• Alibaba Group Holding Ltd BABA - hit a pre-market high of $189.80. The Nov. 7 high of $189.86 and all-time high of $191.22 offer some resistance (the all-time closing high is $188.51). It will need to hold Friday’s close of $186.41 to sustain the momentum.
• JD.com Inc (ADR) JD - the last four closes are all between $39.79 and $40.33. It needs to hold $40 to continue to rally. There’s also a pair of highs from Sept. 25-26 at $41.78 and $42.09, which will serve as resistance.
• Hasbro, Inc. HAS - has to fill a gap up to $95.40 from the last report.
• QUALCOMM, Inc. QCOM - has a triple bottom at $64 from the last three sessions.
• Overstock.com Inc. OSTK- has an all-time closing high of $53.15 from Friday.
• General Electric Company GE- hit a pre-market high of $21.06.

Watch the show in its entirety here.

PreMarket Prep is 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 on YouTube Live. The podcast is available on iTunes, Soundcloud, and Stitcher.