BUY WHC

Due to the Energy sector of the ASX getting smashed, that could be from the oil rig count from WTI, could be from the DXY showing some strength and the oversees market showing indecision. However, how much can it go lower, this is why i'm looking at WHC. The reason i'm looking into WHC is because it's hit new month low, 52 week low and formed a bullish hammer on support. Let's have a look at the TA, it's outside it's 2 standard deviation and the 13 and the 50 EMA on the daily and the weekly are trying to catch up with it and lastly it's at the bottom of the RSI. So, it looks good for a counter trend trade to the up side, looking for a run to $4.11.