After a sharp falling knife, China Commercial Credit Inc. $CCCR finally found support at 1.20. It almost reached 4.00 in October '17.CCCR Daily Chart(click to enlarge)Double Bottom:- The daily chart shows that price came down to 1.20, rebounded, and fell back to 1.20. Traders again bought at 1.20 completing a double bottom.- A double bottom is a stronger indication of a bullish reversal than just a single rebound swing. - However price needs to clear the 1.90 pivot to complete this double bottom.- Furthermore, if price retreats, we need to see support around 1.50 or above to confirm the market respects the double bottom.Upside:- Above 1.90, there is upside to 2.80-3.00. - We should also monitor the daily RSI because it could turn down around 60, especially if price is in that 2.80-3.00 area. - I don't think we have enough information to anticipate bullish continuation, but this is still a potential. If price starts to anchor above 2.00, I would have more confidence of upside towards 4.00 or even 5.00. Cup and Handle?- Looking at the weekly chart, we can see that price rounded out a bottom in 2016. - In 2017, the weekly chart looked like a cup and handle, but one that failed to extend.- Instead price came back down to test the bottom. - If price breaks below 1.00, it is definitely a failed price bottom, in which case we will have to reassess and meanwhile anticipate bearish pressure towards 0.50 and 0.25. - On the other hand, a break above 1.90 will be redeeming for the bullish reversal outlook.CCCR Weekly Chart(click to enlarge)