The Belgian semiconductor manufacturer Melexis (MELE) is the nicest chart among the semiconductor charts, although many of the stocks within the sector look great. Their Dutch peer ASML also broke out today.
The reason I am picking MELE over others is that it shows a perfect cup and handle pattern above the 200-day MA. That pattern gives it a target of EUR 103 with a downside capped at EUR 84, just below support.
It always feels good to buy a stock in a sector that shows a bullish trend, as sector sentiment might help lift the stock.