Shopify is heavely advertising on Facebook. price causing correlation. Shopify has much better bussiness then facebook. Shopify is an good opportunity for long. Shopify developers ecosystem is strong.
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Time to punch. Waiting for entry
Trade active
Bought @180 expecting a long ride till end Q4 Punch happend just above initial buy target. Shopify made lower low while Facebook made higher low.
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New SL @158
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New stop loss was a close call but still going. SHOP now starting to show more strength than Facebook. Decoupling started.
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Taking profits. Reducing exposure -33% See some wedge coming up... Would rather reduce on top... SOLD @200
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