Buying now is justifiable

$Micron Technology(MU)$ This stock was always prone to panic reactions, buying or selling. As of now, on descending part of the cycle, this is mostly panic selling. If someone wishes to trade it, then buying now is justifiable. This is relatively safe trade: business is still firmly profitable and balance sheet is strong. However, do not hold shares for too long, the cycle goes down. Do not get greedy, scalp few percentages and wait for another panic selling day.If someone does not wish to trade, this is ok, not everyone must be a trader. In this case, wait for 52-week low point to start building long-term position.