11 Technical Levels Discussed 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.

  • Check Point Software Technologies Ltd. CHKP has major support at the $104-$105 area. This morning the pre-market low is $105.60.
  • United States Steel Corporation X hit an Oct. 25 high of $28.57 and an Oct. 24 high of $28.94. Both those numbers will serve as resistance today.
  • Generac Holdings Inc. GNRC hit a May 2014 high of $58.04, which is serving as resistance. Tuesday's $52.63 is serving as support.
  • Allergan plc Ordinary Shares AGN popped to $185 and has three highs in the last four sessions from $181.08-$181.79. There's major support at $175.
  • Apollo Global Management LLC APO has a high of the move of $32.85 from Oct. 24. The March 2014 high of $33.68 is also resistance.
  • 3D Systems Corporation DDD so far hasn't bounced off the pre-market lows. Longer-term support is at $7.40 from Feb. 2016.
  • American Airlines Group inc AAL has major support at the $46.75 area.
  • Ford Motor Company F has huge resistance $12.40-12.50.
  • Hormel Foods Corp HRL hit a high of $31.20 on Tuesday; $31.28 is the Oct. 19 high.
  • Overstock.com Inc OSTK the all-time high is $46.90.
  • AT&T Inc T has major support from $33.33-33.54; it also has made five consecutive lows.
Watch the full show below.

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