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RE: EBAY: Can Its Price Go Down Ahead of Recessionary Signs?
I just made this case by my own before looking at your charts.
One thing that I found to be amazing is how well this waves works in terms of retracement.
I was measuring retracement of subwaves of blue 3rd wave here.
2nd went to 0.5 of the 1st, 4th to the 0.382 of the 3rd [yellow]. So pretty much the same as you would expect after studying the EW book.
Blue subwaves hit the same fib ratios but even more precise.