Perfect Falling Wedge Chart Pattern

The falling wedge pattern is followed by technical analysts because it typically signals a bullish reversal after a downtrend or a trend continuation during an established uptrend.

+Firms with low earnings estimates tend to perform better than anticipated—because of the low bar: They've nowhere to go but up.

09/21/2023 Snap surpasses 5M paid subscribers
Snap (NYSE:SNAP) says its paid subscribers have topped 5M, putting it halfway to a 10M goal in a little over a year since launch.

At the $3.99 per month subscription price, that amounts to some $20M in monthly revenues or $240M per year.

Trade active:

Every year, Evan Spiegel sends employees a letter about the company’s big-picture strategy. Finally snapchat gonna have positive cashflow! easy 12-13 target

Grow Community and Engagement

- 475+ Million Daily Active Users in Q4 '24

- Grow Content Viewers to 80% of DAU

- Grow Content View Time per Viewer +15% in the US and Globally

Grow Revenue and Earnings

- +20% YoY Full Year Ads Revenue Growth

- 14 Million Snapchat+ Subscribers by EoY and $500 million in non-Ads Revenue

- $500 million of Adj. EBITDA and Positive Free Cash Flow

Lead in Augmented Reality

- Grow Lens Unique Users to 75% of DAU

- Grow Lens Actions (Save, Post, Send, or Play >6s) +10% per User

- Leverage Generative AI to Transform Lenses and Content Creation

Comment:

GOT IT PERFECTLY.

I SEE $30 BY NEXT YEAR AS INTEREST RATE EXPECTS TO GO DOWN