Arista Network as the top semicon pick for next 15 days

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Arista Network as the top semicon pick for next 15 daysArista Networks IncBATS:ANETChipsnCheeseSemicon index is turning higher and within the segment, Arista Network could be one of the best picks for next 1 month. One of the best pattern to identify breakout stocks is to check for higher lows to form an increasingly higher slope, like in case of Arista. There was a breakout of Higher High trend line with prices retesting the top trend line. From Elliot wave perspective, we have one major bull wave coming up which should see the stock reaching 240-255 levels within couple of weeks itself (i.e. a 35% return). A good pick for the upcoming bull run we can see from now, till mid-September across the semicon index.