MCHP Break over 100 should be purchased

Technicals
Positive on all time frames
Has broken out above historical high
Has broken and closed above psychological $100 level
This was done in mild volume, so volume confirmation would be welcome

Trade setup
Buy the breakout in half size
Stop loss at 92 and 88
Target 110

Expected timeline for this trade 7 weeks

Please mind macro numbers (CPI today) and only trade in the direction of the market.