Step 1: Check that the long term trend becomes bullish
The long term trend becomes bullish when the 10 week moving average rises above the 40 week moving average.
Refer [Figure 1: Visa weekly chart]
Around February 26,2019,the 10 week moving average went above the 40 week moving average. So, long term trend is bullish. Now, we can use DreamTai to pinpoint the exact buy point.
Step 2: Use DreamTai to pinpoint the exact buy point
Once we know that the long term trend is rising up, we wait for DreamTai to become green. We can buy Visa on Feb 26 or later, because the price bars are green in color. Our purchase price will be around $146.
Refer [Figure 2: Visa daily chart]
Step 3: Use DreamTai to pinpoint the exact sell point
Around August 5th,2019 the DreamTai price bars for Visa stock turned red. This is the time to sell your shares, since the price bars have become red in color, which indicates bearishness.
