SNAP: Possible recovery after today's drop?

SNAP
so SNAP shows a 40%+ growth for the qtr (yoy) and a good number of active users (i think it's 280M) - and still drops 14%. chart shows possible recovery on the weekly as it may get support on the 30EMA (blue line).
am i missing something with that ? (i'm long SNAP)
EarningsprojectionredksnapSupply and Demand

Disclaimer