Yesterday I showed you Welltower’s (WELL) bullish setup as one of my top watchlist picks.

I knew I couldn’t pass this one up.

WELL had an A+ setup according to my S.A.M. scanner, with multiple squeezes on the 78-minute and 1-hour chart.

And lo and behold, S.A.M. delivered again.

Later that morning, Welltower’s stock moved up and I closed a 23% winner in less than 1 trading day in Profit Surge Trader.

That’s the beauty of using an AI tool like S.A.M.

It helps me find A+ setups like WELL fast.

It also takes the emotion out of trading, giving me the confidence to know I’m sticking my proven trading process.

And if there’s one thing I can’t keep stressing enough – it’s that you must be extremely selective in these current volatile markets.

When the market is trading on emotion, things can change fast. So if you want help in finding the best setups to make fundamentally sound trading decisions, I recommend checking out my S.A.M. scanner here.

Now lets move on to today’s watchlist pick.

Right now I’m keeping a close eye on META Platforms (META).

Meta is one of the few tech stocks that’s held up in the wake of this week’s market correction.

I believe its strength has a lot to do with earnings momentum.

Last week META got the best earnings reaction out of any of the Magnificent 7 stocks so far. Better than other big tech names like Apple and Amazon.

When you look at META’s recent numbers, it’s no surprise why Wall Street is loving them right now.

For Q2, META posted a 73% net income boost to $13.47 billion, a big jump from $7.79 billion in the previous quarter.

It also raised revenue guidance between $38.5 billion to $41 billion, which was ahead of the analysts forecast of $39 billion. Lastly, META’s recent earnings beat marks the fourth straight quarter of 20% excess growth.

But even with strong earnings, there’s another potential catalyst potential working in META’s favor.

Due to the recent market correction, there’s a chance at a bounce. This bounce could be as fierce for the stock as its earnings report was last week.

That’s why I’ll look go long on META in Daily Profits Live. I’ve already closed a 15% winner on the company in less than 1 trading day this week, and I’ll be looking to add more contracts going forward.

Action Plan: With volatility still shaking up markets and strong earnings momentum, I believe we could be in for another bounce in META’s favor.

Click here to see exactly how I’m playing META in Daily Profits Live.