$AI target end of week $60

The past week, $AI has been consolidating below the 50 moving average, trading sideways until reaching the descending resistance trend line. In the meantime, putting 2 higher lows, forming an ascending support line.

If this week it breakout above 50 MA, it’s a buy for me.

Entry at $52.41
Target 1R $60
Stop loss $46.44