I believe that Fortescue Metals Group (FSUGY) is currently oversold due to recent declines in iron ore prices, presenting a buying opportunity. With a strong dividend yield and potential for recovery as market conditions stabilize, I see significant upside in the coming months.

Given the recent overreaction to weaker iron ore prices and disappointing green energy efforts, I believe Fortescue shares are currently oversold. With a historically strong recovery pattern and a tempting dividend yield, I see this as an opportune moment to go long on FSUGY.