What do you guys think about setting a target price?

I’ve been trading for a while now, and I’ve always found it a bit tricky to determine a good target price for my trades. Sometimes I nail it, and other times I feel like I’m just throwing darts. Do you base it on technical analysis, recent support and resistance levels, or do you just go by gut feeling?

I've been experimenting with trailing stops recently, but I feel like having a solid target price helps me stay disciplined. For those of you who set target prices regularly, how do you approach it? Any tips or insights that have really helped you? Would love to hear your thoughts!