Patience is Key

It might go further down to support from almost exactly one year ago. It goes down first as the EPS missed expectations by $0.01 and the earnings outlook for the coming period worse than expected by analysts. A rebound is probable to happen since a selloff like this is often matched with a rebound and PayPal is also just trying to lower their P/E ratio as some other companies are doing.
paypalSupport and ResistanceTechnical AnalysisTrend AnalysisTrend Lines

Disclaimer