Bullish Pennant on Daily time frame? $AI

After studying patterns this looks pretty clear like a bullish pennant on the daily. Right now AI is at about 38 pre market which seems like a solid level as well as 37.50 for support. Orange is up white is down. After seeing the previous high then down to 37 then back to fifty it is now back to 37 which seems to be that support where it bounced last time to 50. Could this be the same setup where we finally see 45+ again. Let me know