Its called consolidation. When stocks go parabolic like it did last week you will have a pretty big sell off due to profit takers. This was way topped out based on RSI and MACD that anyone could have forseen this. This will be a nice bounce play once volume starts to dry up. It doing a 61% fib retrace..which is healthy for the longs but disastrous for the crybaby's who want a quick pop and got greedy.