The second best performer yesterday was ALU, the electronic designer of automation software popped +6.6%. After falling over 40% since late 2020 the bargain hunters appear to have come out of hibernation as the Australian tech sector feels like it’s finally regaining its mojo. We had our eyes on ALU around $22 but we may have been a touch too optimistic. ALU will be the topic on next weeks Direct From The Desk Podcast with Analyst Jules Cooper.
MM likes ALU initially targeting a recovery back above $30
Add To Hit List
