AMD - Possible Trade Setting Up

AMD has been in a downtrend since February of this year and is now consolidating.. Notice the low Bollinger Band width reading in the bottom panel..This is the lowest reading on the chart which tells me a trending move or an expansion in volatility is about to occur. Given the fact that the trend is down and all the large moves have been to the downside, I'd have to say I would expect the next move to be down.. Notice AMD is below it's 200 and 50 day moving averages which is a bearish sign..I think if AMD can get below 20, you will see a move to new lows for the year and maybe even lower... As always, only time will tell but keep an eye on this stock.