Alex_Quiroga
Long

W Confirmed Jennifer Lopez

NYSE:CRR   CARBO CERAMICS INC
Confirmed because the price broke the resistance line in the 10.50 level, did the pullback and then go up again. The new direction of the price is clear I do not need to argue. With a quick view of the whole chart I immediately recognize the direction
For be a real double bottom I need that between the first floor and the second floor there are a lapse of about One year and two months more or less (is not a rule).
In this case the price touched the 6.10 level in October 2016 and rebound and then again touch several times the same level from June 2017 to October 2017 making the 6.10 level
a major support, but I still need more evidence for now I only have one floor and that's when it breaks the resistance line in the 10.50 level and from there mi bias become bullish .
I not publish the same chart idea twice I not repeat symbols.
Discretion.
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