AIRASIA Formed a strong hammer

Yesterday Airasia closed with a strong hammer with a long tail. Is this the real support hammer and will it stop bleeding and tend to go up again?

Indicators
1 ) Trendline - Below the bearish trendline (Bearish)
 2)  Support/Resistance - formed Lower Low ( Bearish)
3) MACD -( Bearish) and waiting for a 4R1G signal
4) RSI - Below 30%  (Bearish ). Wait for 4R1G signal (MACD) and break 30% for bullish signal

 5) STO - At oversold mode. (Bearish ). Wait for 4R1G signal (MACD) and break 20% for bullish signal
6) Ichimoku -  a) Below support cloud (Bearish ).
                       b) Conversion line below the base line (Bearish ).
                       c) Price below the baseline ( Bearish )
7) Candlestick - Formed a  hammer support ( Bullish)

8) Volume - Big player and buying alot to formed a hamaer support

 

Conclusion:
Bearish  -

Counter Trend Play - Buy now at take profit at 3.07 / Cut loss at 2.86

Safe Investment - Break above 3.1


Next Resistance at 3.1 / 3.2/ 3.28/ 3.34 /3.48 / 3.54
Support at 2.88/ 2.75 / 2.68