eBay: Set for Further DeclineseBay Inc.NASDAQ:EBAYMarketInteleBay has recently made another move higher, briefly reclaiming the $86.36 level. However, the stock has since resumed its downward trajectory as anticipated and is expected to continue selling off soon as part of magenta wave . Overall, this magenta downward impulse should push price closer to support at $55.96, completing turquoise wave 1.