If stopped out, will be watching for another consolidation to develop just below this one. If it occurs, may be another opportunity there to buy on a breakout abvoe the next consolidation....
and reward:risk will likely be better.
Target is an option, or use ATR Stop to act as a trailing stop loss. I like wait for a daily close below the ATR stop line, and then place my stop loss a few cents below the low of that day.
I always get out of swing trades the day before .