Over the last few sessions $PYPL has been performing very well, we can see here today that that price came down to the 200 Day MA at the opening on the 1 hr chart and bounced. What we want to see next is a break above the previous high at $64.20 and then we have a series of higher highs and higher lows.
This is still in the buy zone, so I believe this is in a good area still to accumulate.
Also, there is a large earnings gap to $72.50 which I think will have no issues filling.