Trustpilot Group Plc (LSE:TRST) at around 207 currently

#Gold #SP500  One interesting aspect of Trustpilot’s share price is it looks capable of heading upward, perhaps quite firmly. We stumbled upon a website where reviews of Trustpilot were hosted, many of which called into question the validity of results from Trustpilot. The site, ReviewCentre.Com rated Trustpilot with only 1.2 stars out of 5, mainly due to the company being accused of removing negative reviews which relate to companies paying them for membership. Additionally, users seem to complain it’s easy to post positive reviews on Trustpilots but negative reviews are challenged with the company asking for forensic detail levels of proof.

 

Obviously, this must be a massive danger for websites hosting reviews of products, a constant threat of litigation, but a ReviewCentre.com, users seem to complain the stringent policy only commenced with Trustpilot started to accept advertising. Who knows? From a personal standpoint, until doing some background reading for the review site, it’s never been something regarded as worth taking advantage of. Instead, if making a serious decision, a simple question on Twitter or Reddit usually serves to help make a decision. Recently, wanting to purchase a load of different colours of filament for our 3d Printer, Reddit stepped up to the line, also providing a reasonable degree of education. Apparently, the rolls of filament dry out, become brittle, and essentially useless. There’s a hardcore version of 3d Printer users who keep their supplies in sanitised airtight conditions, their constant mantra being this is the only safe way to store bulk product. However, one guy on Reddit clearly ventures outdoors as he uses a garden strimmer. Several years ago, he bought a big roll of strimmer cable, eventually contacting the manufacturer as after a couple of years, the stuff broke on impact with garden weeds. The maker advised him to stick the entire roll in a bucket of water for 24 hours as the product could be rehydrated successfully.

Since this epiphany, the chap has been giving his 3D Printer filament similar treatment if any become brittle, and reports success.

But had we relied on review sites, a dangerous bias would be introduced against printer coils from Maker X who supplies 250 metre rolls. Invariably, quantities such as this will dry out but reviewers would only tend write “Maker X products break when being fed into the printer”. Our point, essentially, is unless the reader knows all the circumstances of a reviewer, we’re inclined to distrust on-line reviews. Personally, I could never be trusted to review an Indian Restaurant as I abhor the food and scents. My wife, on the other hand, loves food from the sub-continent making takeaway decisions awkward.

 

However, it seems possible Trustpilot have discovered reliable sources of revenue and it looks like this could be reflected in their share price ambitions.

 

Currently trading around 207p, above 211p now looks like forging a path to an initial 226p with our longer term secondary, if bettered, coming in at a 5 Star future 286p, a price level at which we suspect some hesitation shall occur. Should things intend go wrong for the share. a nasty possibility due to the wild share price movements on March 19th, below Red at 184p risks promoting reversal down to an initial 160p with our secondary, if broken, at 132p and a very possible rebound level.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:28:09PM BRENT 8370.6
9:31:22PM GOLD 2308.23 2303 2299 2288 2314 2319 2323 2326 2313 ‘cess
9:34:12PM FTSE 8344.8 ‘cess
10:35:19PM STOX50 5039.6 ‘cess
10:38:10PM GERMANY 18500 ‘cess
10:44:40PM US500 5185.1 5163 5155 5142 5180 5193 5202 5215 5176 ‘cess
10:47:26PM DOW 39056.5
10:50:48PM NASDAQ 18058 Success
10:54:05PM JAPAN 38363 Success

 

8/05/2024 FTSE Closed at 8354 points. Change of 0.49%. Total value traded through LSE was: £ 7,799,424,670 a change of 19.63%
7/05/2024 FTSE Closed at 8313 points. Change of 1.22%. Total value traded through LSE was: £ 6,519,396,072 a change of 33.86%
3/05/2024 FTSE Closed at 8213 points. Change of 0.5%. Total value traded through LSE was: £ 4,870,153,173 a change of -28.06%
2/05/2024 FTSE Closed at 8172 points. Change of 0.63%. Total value traded through LSE was: £ 6,770,072,758 a change of 87.96%
1/05/2024 FTSE Closed at 8121 points. Change of -0.28%. Total value traded through LSE was: £ 3,601,904,135 a change of -39.24%
30/04/2024 FTSE Closed at 8144 points. Change of -0.04%. Total value traded through LSE was: £ 5,927,984,853 a change of 22.51%
29/04/2024 FTSE Closed at 8147 points. Change of -100%. Total value traded through LSE was: £ 4,838,878,420 a change of 0%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:ECO ECO (Atlantic) O & G** **LSE:FOXT Foxtons** **LSE:HSBA HSBC** **LSE:ITRK Intertek** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:TSCO Tesco** **

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Updated charts published on : AFC Energy, Astrazeneca, Barclays, ECO (Atlantic) O & G, Foxtons, HSBC, Intertek, Lloyds Grp., National Glib, Tesco,


LSE:AFC AFC Energy. Close Mid-Price: 21.1 Percentage Change: + 7.65% Day High: 21.25 Day Low: 20

All AFC Energy needs are mid-price trades ABOVE 21.25 to improve accelera ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 12264 Percentage Change: + 1.20% Day High: 12384 Day Low: 12228

Target met. Continued trades against AZN with a mid-price ABOVE 12384 sho ……..

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LSE:BARC Barclays. Close Mid-Price: 211.65 Percentage Change: + 0.62% Day High: 213.2 Day Low: 209.6

Target met. In the event of Barclays enjoying further trades beyond 213.2 ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 14 Percentage Change: + 5.66% Day High: 14.25 Day Low: 13.6

Target met. Continued trades against ECO with a mid-price ABOVE 14.25 sho ……..

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LSE:FOXT Foxtons. Close Mid-Price: 61.6 Percentage Change: + 4.76% Day High: 61.8 Day Low: 59

Target met. In the event of Foxtons enjoying further trades beyond 61.8, ……..

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LSE:HSBA HSBC. Close Mid-Price: 720.8 Percentage Change: + 1.15% Day High: 724.4 Day Low: 718.1

Further movement against HSBC ABOVE 724.4 should improve acceleration tow ……..

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LSE:ITRK Intertek. Close Mid-Price: 5075 Percentage Change: + 1.30% Day High: 5075 Day Low: 5020

All Intertek needs are mid-price trades ABOVE 5075 to improve acceleratio ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 53.94 Percentage Change: + 0.41% Day High: 54.38 Day Low: 53.58

Further movement against Lloyds Grp. ABOVE 54.38 should improve accelerat ……..

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LSE:NG. National Glib. Close Mid-Price: 1101.5 Percentage Change: + 0.55% Day High: 1104 Day Low: 1095.5

All National Glib needs are mid-price trades ABOVE 1104 to improve accele ……..

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LSE:TSCO Tesco. Close Mid-Price: 307.8 Percentage Change: + 1.15% Day High: 309.7 Day Low: 305.7

All Tesco needs are mid-price trades ABOVE 309.7 to improve acceleration ……..

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View Previous Tesco & Big Picture ***


*** End of “Updated Today” comments on shares

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