Subject: TAOST Daily Wrap For Monday 11 June 2018

TAOST Wrap
Monday 11 June 2018 
Quote of The Day
"A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them."
--John Maxwell
Buyers continue to push the equity markets higher.  While we backed off the highs by day's end, there's still no real sign of exhaustion just yet.

ES Daily
ES 15 Minute Chart
Click chart for video.
Summer Of TAOST Bias
A delayed trade after the room closed today, but profitable... 

Click the image for video.
Today's TAOST Stalk Candidate
Cubesmart [CUBE] is a self managed and administered Real Estate Investment Trust (REIT) that pays a dividend. 

Not my normal kind of stalk idea as the growth tends to be good, but generally not explosive.

In this case, the stock just completed a really nice pullback, formed a nice base level of support and is making its way higher. 

The chart structure is a variant of the triangle patterns that I love so much.  You could also see it as a Cup & Handle pattern

Either way, feel free to stalk long entries on daily or lower timeframes.  

If for some reason price collapses back below the support box, remove Cubesmart from your stalk list from the time being.
As always, make up your own mind and mind your risk no matter what you do.​​​​​​​

KIS,
The Trader​​​​​​​​​​​​​​

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