CARLSBERG possible forming a higher low

Carlsberg , one of one my favourite company .. Just love the beers yummy.. Posting this counter for my fellow reader who requested for a technical analysis check for this counter.. This counter formed a higher high and also just recently gave out a dividend.

Indicators

1 ) Trendline - above the uptrend line .. ( Bullish)
2)  Support/Resistance - Formed higher high and in progress of forming higher low ( Bullish) 

3) MACD - MACD line meeting. If MACD 4R1G with blue rebounding upwards will indicate further bullish
4) RSI - Broken below 70% (Bearish) ,

5) STO - Broke below 80% and bearish crossover (Bearish)
6) Ichimoku -  a) Price above  the support cloud ( Bullish)

                       b) Conversion line  above the base line ( Bullish)
                       c) Price close below the baseline ( Bullish)
7) Candlestick pattern - Bullish Piercing (bullish). If on Nov 12, closed with another white candle will confirmed the bullish reversal.

8) Company performance - Earning positive trend and positive dividend

Conclusion:
Bullish -


Support rebound play

E ( Entry) :12.85 ( Closed at or above it)  -

S ( Stop Loss) : 12.4 

P ( Profit) :13.15

RRR (Risk to Reward Ratio) = 0.67 (RISKY)

E ( Entry) :12.85 ( Closed at or above it)  -

S ( Stop Loss) : 12.4 

P ( Profit) :13.70

RRR (Risk to Reward Ratio) = 1.89 (Average)

Uptrend play

E ( Entry) :13 ( Closed at or above it)  -

S ( Stop Loss) : 12.7 

P ( Profit) :13.7

RRR (Risk to Reward Ratio) = 2.33 (Slightly Rewarding)

Resistance-  12.81/  12.99/ 13.81

Support -   12.5 / 12.19 / 11.85