$PYPL, applied banking license. Near bottom of extended range.PayPal Holdings, Inc.NASDAQ:PYPLSwing_Trader_SaanBought PYPL, Why ⬇️ Fundamental catalyst: Just applied for Utah bank charter to expand small business lending Bank charter = cut out third-party costs, direct FDIC insurance, better margins Already served 420K+ business accounts with $30B in loans - now cutting middlemen Valuation too cheap to ignore: P/E of 13 while maintaining 45% global payment market share 434M active users, $33B revenue run rate Trading near 52-week lows at $60 vs. analyst PT of $79 (+30% upside) Technical setup: Near bottom of extended downtrend range ($55-93) Risk/reward favors entry here - limited downside to $55, significant upside to $75-80 The trade: Recent analyst downgrades created panic selling, but the fundamentals haven't changed. Bank charter is a multi-year strategic move that could significantly improve unit economics. Current price reflects maximum pessimism.