A flurry of retail investors trying to pick the bottom of the market have sent some of the ASX biggest laggards soaring by double digits in a matter of weeks.

The Australian sharemarket has fallen in early trade as shares in the major miners lost ground, while technology shares rallied.

A flurry of retail investors trying to pick the bottom of the market have sent some of the ASX biggest laggards soaring by double digits in a matter of weeks.