Keep FEYE on the Radar

This is a stock that doesn't have good longer term upside prospect, in fact I chose weekly calls because there's nothing positive here beyond a 5 min chart. This means FEYE likely needs market support to make its run and as you just saw there's a typical F_E_D knee jerk reaction to the upside which seems counter-intuitive as the minutes were hawkish and not favorable for market upside, however as usual these knee jerk reactions are almost always wrong, almost always faded.

Still the biggest influence on a stock's directionality, accounting for about 2/3rds is the broader market so FEYE likely has little time to get its bounce off the ground which makes this intraday divergence just popping up and gaining strength quickly, very interesting as a fuse to set the move in action.