Bullish Pennant on daily. Good setup

AI- Monday 7/17/23
Previous close Friday at 37.23
Current Premarket level at 38.00- 2:40am Cali time
Bullish Pennant on daily
First support 3 bounces at 31.30
Resistance at 37.40
Old resistance now support huge consolidation 3 times now at 37.40 level
Bounced off mid channel support
Looking good for calls as of now