In today’s Super Seasonals: Trade of the Week we will look at CubeSmart (CUBE).
CubeSmart operates as a self-managed and self-administered real estate investment trust with its operations conducted solely through CubeSmart LP and its subsidiaries. It owns, operates, develops, manages, and acquires self-storage properties. The company was founded in July 2004 and is headquartered in Malvern, PA.
CUBE has recently bounced off some bullish support Gap areas, if these levels hold, the potential overhead supply area might be in the $45-$46 bearish gap area.
Past 5-10 years of data…Avg Move Up has been +15% in the past 5 years over a 3.5 month trading period.
Looking at a Cumulative Chart the stock has a tendency to be bullish towards early-mid September…
As you likely know, there are literally dozens of solid ways to approach trading CubeSmart (CUBE) with a bullish bias.
The decision of how to best invest in the stock or trade the options is an individualized decision, unfortunately there is no one best way. Keep in mind that seasonality is about probabilities, not certainties.
Please remember to fully understand the risk before trading anything.
It’s recommended to do your own research and consider consulting with a financial advisor before investing in any stock or options trade.
To learn more about seasonal information on other solid opportunities, click here SuperSeasonals.
Trade Smart,
Chad Shirley
