Apollo_CB

PYLP huge open interest

Long
BATS:PYPL   PayPal Holdings, Inc.
PYLP is tremendously undervalued right now, I believe this stock is being manipulated much like SOFI, the weekly demand had a nice buy zone for a few weeks and the stock is looking to be very cheap here. Look at open interest on jan 2025 its over 125,000 contracts, someone knows something. My first price target is 74$ q1 or early q2. The second diagonal resistance needs to be broken as well. I am surprised we have not seen a god candle yet to be honest. 2024 will be a year of value performance, and although PYPL is not a value stock traditionally, it is definitely in the Benjamin Graham value buy range relative to valuation.

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