He's taking those punches pretty well.
2 seconds sound clip from the Rocky II movie soundboard.
You can hear this line at 01:43:40.139 in the Blu-ray version of the movie.
Quote context
[...]
- It was a tremendous right hand. Balboa is down! Down goes Balboa!
- We see Apollo hit that bad left eye, remember, from the first fight.
- That's the eye that was cut the last time. Balboa getting up rather unsteadily.
- Go after him, kid! Go after him!
- Yeah.
- And the champion starts to move in again. Going right, left.
- He's taking those punches pretty well.
- Balboa's tagged. Left, left, and right combinations by the champion. Another left.
- He's leading the fight, but there's the bell!
- There's the end of the round.
- There's a lot of bad blood between these two.
[...]