$PYPL TOP 20
Added 2024-05-22 19:21:03 +0000 UTC$PYPL announced a public offering yesterday of $1.25 Billion which is a bit of a surprise considering they have an enormous amount of cash on hand.
So they needed extra cash but did not want to affect their balance sheet
So what exactly do they need this extra money for?....acquisition? R&D or improving their service
We need more information
Chart wise, price is moving down to the 0.618 Fib, where the 200 Day MA is just slightly below
We need the price to hold above these levels.
