APHRIA - Weekly support, resistance and trendlines

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Decided to take a look at APHRIA on the Weekly (1W) chart, solely looking at:

- Macro trendlines
- Major support and resistance (i.e. major buy and sell zones)

That's it.

This is solely of interest, I suppose, to a positional trader. I am interested to see:

- Will the price action bounce against the current macro downtrend in the next few months
(this has not been tested since late 2018 and could be disputed I suppose)

It would have been a glorious positional trade to buy that major support, it wicked down beautifully into that zone.


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