THE LEVELS:
$SONO – SONOS INC
MY LEVEL: 36.80
WHY: 126 Moving Average (6 Month MA). Previous low. Watching for a 37.50 breakout.
$AMAT – APPLIED MATERIALS, INC.
MY LEVEL: 135.55
WHY: Previous low, Monthly pivot, and the 50D. Dips bought right up off of the PL, MP, and 50D. Think there’s a ton of room for a 140 push.
$DAR – DARLING INGREDIENTS INC
MY LEVEL: 70.20
WHY: Whole number level, previous low, and 126 MA. If it opens premarket close to $70, the 200D is at $69.
$BGFV – BIG 5 SPORTING GOODS CORPORATION
MY LEVEL: 25.20
WHY: Previous low, closed above the previous highs, want to see it dip back into the previous low and close above the 20D.
$ZS – ZSCALER INC
MY LEVEL: 271.15
WHY: Previous Low, closed above the 20D. Looking for a break of 278.50 and think its heading up towards new highs.
$EA – ELECTRONIC ARTS INC.
MY LEVEL: 125.50
WHY: Monthly pivot, Annual Pivot, and previous day’s low. Doji candle. Today it closed green, came right off the annual and monthly pivot.
$GPRE – GREEN PLAINS INC
MY LEVEL: 33.50
WHY: Looking for a fade back into the Annual Pivot, 50-60% retrace and prior support.
$PTON – PELOTON INTERACTIVE INC
MY LEVEL: 100.00
WHY: $PTON was really heavy yesterday. Think any more pushes into the $99 area will be a nice fade.
$JWN – NORDSTROM, INC.
MY LEVEL: 27.86
WHY: Previous day’s low. 20D. Looking for a 28.70 clear, a lot of room up to 31.
$BYND – BEYOND MEAT INC
MY LEVEL: 112.00
WHY: Low from the last few days, want it to reclaim the 20D.