PayPal share: bottom formation evident - stock market opportunity of the year? Everything financial experts need to know now.

PayPal share: bottom formation evident - stock market opportunity of the year? Everything financial experts need to know now.

According to a report by www.finanznachrichten.de, PayPal has significantly changed the online payment system in recent years and has experienced some price fluctuations. Despite the accelerated growth of contactless payments and the use of credit cards and smartphones, the value of PayPal shares has declined significantly recently. However, the company plans to announce breaking news at the upcoming “Innovation Day,” which could lead to a possible short squeeze.

According to the article, PayPal has an ecosystem of 428 million active accounts and plans to expand its payment services. This could send positive signals for the stock and lead to a possible short squeeze. In particular, the use of artificial intelligence to increase the company's profitability is seen as a crucial factor. The stock's potential bottoming out could become the stock market opportunity of the year. A possible long position could be opened in the $64-$65 range, with hedging of the trade taking place below $62.

Announcing positive signals about PayPal's improving profitability at Innovation Day could, according to the article, lead to a short squeeze, meaning investors buy large blocks of shares in a short period of time in order to make profits. This could lead to a sharp increase in the price, which could be beneficial for traders speculating on rising prices. So the planned growth strategy and the potential announcement of groundbreaking news on Innovation Day could have a significant impact on the share price and the market as a whole.