DAL Idea is simple: Long position when triggered $39.5 (trend changing extremum). You might also wait for closing 4h higher than $39.5 but that stock tends to fly XD Stop - $38.8 (-1.8% risk) Profit - first take $41.8 (5.9% upside) - 50% of the position close second take $44 (11.2% upside) - 50% of the position close Profit/Risk - 5.9/1,8 = 3.3 for 1st take and 11.2/1.8 = 6.2 for 2nd take