I'm not a technician but I recently spoke with a Tom O'Brien of TFNN who indicated that ADI had a few gaps around $75 from its run up a month or so ago that needed to get filled before the stock would rise to new highs. Let's hope that he is right.
shit, like I tell everyone, runs from $50 to $100 back to $50 10 consecutive times and people are still saying that it is "filling the gaps"! LOL! What a fucking joke! Just buy at $58 and sell above $93! You can NEVER lose! This stock falls $10 per day for a week, then takes 3 months to recover 3/4 of those losses! This is the most money I have EVER made in the stock market, going long at under $60 and selling short over $93! A joke, but I will call the NYSE and thank the market maker around Christmas time! From what I heard, EVERYONE on Wall Street is playing this game except for the insiders, who are just dumping and you suckers!