$SNAP is at all time low even though it has more users, revenue and profitability than ever before

The stock would trade above $7 for eight years ever since it crashed in 2018 all the way up to two weeks ago when it breached the multi year support level. From there, it went fast and earnings - even though they were mixed and in some ways more good than bad overall - brought it to $4.75.

I feel like for the stock to stay below $6 one will have to believe $SNAP is a dying company.

If you believe $SNAP has a future, you must also believe the stock will move to $7, possibly short term.

I mean, it’s two weeks ago that it was $7. Why should it take six months to get back to that price?

I guess maybe April earnings is the most likely catalyst. Unless it sees a relief rally before that.

Why do you think?