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Here is some food for thought, William McInnes, Equities...

  1. lawyersdontsurf
    127 Posts.
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    27/06/18
    12:12
    Post #: 33978525
    Here is some food for thought, William McInnes, Equities commentator at the AFR wrote today that we are following a Wall St retracement to some degree but more importantly "widespread reports indicated the US intended to introduce restrictions on Chinese investment in US technology enterprises".

    He thinks it is the negative sentiment from this news which has caused downward pressure on the Australian tech stock including ALU, Wisetech and Appen.
    ALU Price at posting: $23.76 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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