Investors' insights: Identify Growing-Star stocks by charts

Block mainly derived their income from transactions via its payment products and through subscription services. Block also highly correlated with bitcoin price as it hold around 8027 bitcoin on its balance sheet.

As we are now entering into new economic phase, high inflation and slow growth of economy, this definitely won't sound good for company who famous for its high growth like Block. As Jeremy Powell(chairman of fed) indicates that he will strive to cool down inflation even the unemployment rate will rise and economic will slow down. $Block(SQ.US)$ is likely took the bigger hit as its business model is especially vulnerable to the monetary tightening environment. From my perspective, I think every re bounce of share price is the chance for you to leave the growth stock under current economic environment.

Canadian e-commerce giant Shopify (SHOP.TO) has joined with China's JD.com (9618.HK), to let people the States sell to JD's customers in China.They have competition in China with players like Pinduoduo (PDD.O), Alibaba Group But with Shopify(SHOP.TO) and JD'S teaming up and 550 million potential customers in China.I think this is is a great match.

For MELI, when I was looking at the chart, I was like “Oh god, a double top, that’s an extreme bearish sign”, which reminds me of Top Glove stocks, which goes downtrend for an extended period of time. But later, I recalled the problem in regards to Top Glove, which is because of the consumers’ needs have declined significantly. So the fundamental of stock isn’t about looking at how similar are the trends, but about the reason behind it, and whether the company could recover from it. MELI is riding the two largest e-commerce and payments in Latin America, making it a leading large e-commerce platform there. Within Latin America, it is able to grow at an extreme speed, especially during pandemics or post-pandemics. However, MELI’s fintech business might be a problem for MELI, which causes its drop in stock. As credit card grows to a larger portion of the company’s business, more loan outstanding on credit cards create more loan losses and lower profit margin, which is quite a worry. If MELI is able to overcome this issue, MELI has a potential to strive higher. Although it surpasses eBay in market cap, it still remain much smaller in size as compared to Amazon. Thus, although it has the potential to do extremely well within Latin America, in terms of international perspective, it is not well prepared yet, which restrict its expansion at a certain point. Thus, before it solves the loan losses, it would be very risky for the short term. However, for the medium term, it does have a large potential to escalate until a point where it has to expand its business, and there is a high potential for it to reach a plateau.