eBay: Bearish Resolution Anticipated

The EBAY stock has entered a consolidation phase below the resistance level at $67.79. This resistance currently serves as a trigger for our 33% likely alternative scenario, which would entail a new high of the beige wave alt. b. Primarily, however, we expect this level to remain unbroken as the price continues its current downward movement of the green wave [3], which should find its low below the support levels at $46.03 and $40.16.