FMG 1.49% $20.06 fortescue ltd

re: happy with that Yeah Magoo, i wouldn't be so confident...

  1. 11 Posts.
    re: happy with that Yeah Magoo, i wouldn't be so confident jumping in just yet. As you said, i too thought it would come back a lot more yesterday and are a little cautious today that perhaps the fall will be a little more savage with the lack of any positive news coming out starting to sway many traders confidence in the stock. Worth monitoring throughout the day and if it draws back enough, then tomorrow could very well be a buy in opportunity.
 
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