BANGO - BGO

Yes, volume nearly non existent but that lack of volume is part of the C&H pattern no?

They are a digital payment outfit - bango.com

Nice chart....good effort...
keep postings and asking q's....best way to learn quickly.... and exchange views/ideas..

It could be a cup and handle, possibly not as well....if we step and look overall, it doesn't really matter...

first the weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...KzdtMZ2JkeQN2P4no%3D

its broken above the main trendline and retested and held....

daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...eh5yBFCTT453e8PvCfU=

Shows pivot level around 125p.

This is not bearish, but not massively bullish either imvho....
If 125p gets butsed and closed above, without looking back....maybe worth a long, with stop below....as that level may provide a bullish momentum trigger.....

volume looks a tad low here....and i don't have clue what bango do?!

Atb, and keep pulling up the charts....

dyor, wdik,
trendfriend

So, I'll put my head above the parapet; hoping a guru can put me right....

Would this satisfy the requirements of a Cup & Handle formation?




Sorry for the dodgy drawing, couldn't get it in a format that looked pretty.

Happy to receive guidance from those more experienced than I (which is most peeps here probably!).

WDIK