AMD has been consolidating for the better part of 6mo. The recent trendline break on daily chart suggests that more consolidation to downward action is still ahead. On friday, AMD found support near the 200 day MA (not shown) although i do not believe that the stock can sustain a full push to fill the gap above and sustain a close above the 50MA. Analysis suggest a retest of the $13 level before heading lower. Rejection at the $13 level would set up a nice short to $11.