Market Overview

4 Biggest Technical Levels To Watch Friday Morning

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The following stocks and technicals were mentioned on Friday'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.

  • Apple Inc (NASDAQ: AAPL) hit a pre-market high, and all-time high, of $175.95. It’s going to be interesting to see if that level is reached during the regular session, and when.
  • American International Group Inc (NYSE: AIG) has minor support at the Oct. 13 low of $62.24 and a double bottom at the $61.50 area from Oct. 11-12.
  • Starbucks Corporation (NASDAQ: SBUX) has a series of highs in the $55 handle, which will serve as resistance.
  • Juno Therapeutics Inc (NASDAQ: JUNO) hit a pre-market high of $60.32. Thursday’s high of $60 and close of $59.91 will need to be held for the trend to stay intact.

Watch the show in the video below.

Posted-In: PreMarket PrepTechnicals Pre-Market Outlook Media Trading Ideas

 

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