Buying $MU at a professional trading firm would get you firedMicron Technology, Inc.NASDAQ:MUSwing_Trader_SaanWhy? Because the second leg higher that started in late March is a classic climax move compared to the first leg. The acceleration became too extreme. One time, when I was still a junior trader at a trading firm, I found myself in a very similar situation. I was long on a lower timeframe while almost all my colleagues were short. Then the market collapsed and I reacted too slowly. While my colleagues were celebrating profits, I ended the day with a small loss. The next morning, before the market opened, I had a serious conversation behind closed doors. I was warned very clearly: “If you ever buy a climax again, you’re fired.” I never made that mistake again after that. I understand the market is in a mania phase. But that does not mean you should trade like a maniac. It’s true that the fundamentals are strong and may continue improving. But the stock already moved roughly 15x in about 12 months. Once markets truly reverse, fundamentals often stop mattering in the short term. Everyone suddenly wants a chair before they lose their massive open profits. MU #Micron #Stocks #Trading #Semiconductors #NASDAQ