PayPal quarterly figures: Experts expect high volatility and optimistic forecasts

PayPal quarterly figures: Experts expect high volatility and optimistic forecasts

According to a report by www.deraktionaer.de, investors are rather cautious in the middle of the week after the DAX reached a new record high the day before. US tech stocks in particular continue to hold strong. Investors are eagerly awaiting PayPal's new figures today, which could cause high volatility.

With regard to the technical situation, an exciting development has emerged in the chart in recent weeks. After initial disappointment, the share price rose again and closed yesterday, Tuesday, with a whopping gain of 3.5 percent. The important 200-day line has been overcome and is now acting as strong support for the bulls.

PayPal's new numbers could have a further impact on the market. Analysts are cautiously optimistic while volatility will increase. Investors should therefore keep an eye on the brands mentioned in the chart in order to be able to react accordingly. The impact on the market depends on the actual figures and the resulting forecast.

PayPal's quarterly figures will therefore be of interest not only to investors, but also to the financial industry as a whole. Further developments and the effects on the market therefore remain to be seen.