It depends on one’s entry as well as their price target(s). e.g.- If using a 3:1 R/R, then take the distance to your preferred target & divide that by 3 & then subtract that from your entry price to determine your stop. Based on the potential that the recent pullback in nat gas could have just been the first corrective wave in a new uptrend that followed the divergence low & breakout on the daily chart, one might opt to set a stop below the recent lows or even yesterday’s lows in /NG or UGAZ & let the position ride while periodically moving stops up.