Aphria Technial analysis

Aphria.Inc has seen a good run in share price due to many reasons (earnings report, legalization of marijuana, etc..). The share price has been bouncing between a 2-year resistance and support. The MA 50 acts as a good support on many dips. There is a 20% drop between the share price and MA 50. The MACD is bearish. The RSI (53) isn't oversold and has some room to fall.

The 0.382 fibonacci retracement level acted as a support for 2 times already. The MA 50 and the 0.382 level may come together in the red rectangle which will be a good support.

I just want to give my humble opinion on some products by doing technical analysis. There may be some minor and/or major flaws. Nobody is perfect and I'm willing to learn from my mistakes through your opinions. Thank you.

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Disclaimer: This is not financial advise.