The great volatility spike of 2024 is now a distant memory following yesterday’s strong jobless claims and retail sales numbers.

Has the market bounced too hard and too fast?

Trying to answer that question is a fool’s game.

Instead it’s best to stick to what we know works…

And that’s finding strong setups that shift the risk-to-reward in our favor.

Which becomes a lot easier when you have the S.A.M. AI Scanner, an AI tool that finds the best setups.

The same setups that helped me turn a $37K trading account into $2.7 million in just four years.

It saves me hours each week not having to sift through countless charts to find good trades.

And helps me eliminate any bias I might have about a stock.

As well as helps me find stocks that aren’t normally on my radar like today’s watchlist pick, Kimberly Clark (KMB).

Kimberly-Clark Corporation, is a global leader in personal care products.

Known for brands like Huggies, Kleenex, and Scott, Kimberly-Clark produces a wide range of paper-based consumer products

The company reported strong Q2 2024 earnings in July. It saw solid organic sales growth and volume increases, achieving over half its annual profit objectives in the first half of the year.

Market share gains were evident across key brands and regions. Leveraging this performance, KMB plans to increase investments in brands and innovation for the latter half of 2024.

The company is also implementing organizational changes and supply chain initiatives to enhance efficiency and drive growth.

While that’s all great, the most important thing in trading is timing.

And that’s what the S.A.M. AI Scanner does for me.

So what is it that it found?

First, the stock is currently in a “squeeze” phase.

In other words, its volatility is low, with bollinger bands contracting inside the keltner channels. The stock has been consolidating, and potential energy for a price move is building up.

And since all key moving averages are in correct alignment, the 8-day EMA is above the 21-day EMA, and the 21-day EMA is above the 55-day EMA.

It’s very bullish.

After consolidating for a few weeks, it is setting up a run to its 52-week highs of $145.62.

And if it does get past there it will be “free and clear.”

Potentially taking the stock significantly higher.

Action Plan: I’m closely watching KMB for a potential long thanks to my S.A.M AI Scanner. The consumer staples sector could get a boost following WalMart’s strong earnings.

A lot of traders have been whipsawed recently because of all the noise in the market. You can eliminate that noise by simply focusing on good setups.

The S.A.M. AI Scanner allows you to put your emotions to the side and find quality setups with ease.

Click here to see how you can add this powerful trading tool to your trading arsenal.