Technicals:
1. Down side-ways usually yeilds down movement.
2. Bearish trend, under mas and vawap
3. Built a support, usually a loading zone for picky investors
4. Wave 5 pending, if truncated, short squeeze shall follow.
5. 4075 is a "random" target but it made sense to me.
6. Break of the support will initiate the price drop
*Just an opinion based on TA.