Big Tech might be breaking down and this might be the beginning of the bagholder trap as they unwind this trade down. If it doesn't break the 355 level there will be leveling peaks that will trap each level that thinks they are getting in on the bottom only to drop again down to the next level and rotate again until it gets back to the prepandemic levels, below 220 level. While all the bagholder keep holding believeing that it will hit the price target like they were hitting last year. Look at the chart on $PayPal(PYPL)$ PYPL. FB will have the same destiny.$Meta Platforms, Inc.(FB)$
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