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Was the SHOP sell-off predictable?

Kort
NYSE:SHOP   Shopify Inc.
Of course it was! It reached both of my price targets:

And now i think it will go even lower.
My experience as a seller on 2 Shopify stores was terrible in the past 4 months. I had a decrease in sales of more than 60%. My friends with on-line store had the same experience. So if the merchants don`t make money, neither do Shopify.
It`s hard to believe they will come up with a good quarter.

My buy area is lower than $400.

Looking forward to read your opinion about it.

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