let's see how 15.50 holds up..INTC is WAY WAY over bought short term. It seems every time it breaks long term lows it rallies BIG, and now every time it breaks short term highs it sinks, i.e.) Hit a new multi-year low at 12.95, rallied to 16.5 a short high, then dropped all the way back to 13.5 on high volume, now it breaks 16.5, so it's has to pull back to at least under 15. This looks like the end of the rally, for now!
It broke it's 50 Day Moving average in August on low volume hitting a short term high of 19.67, than dropped to a new multi-year low of 12.95 which it is currently bouncing off. The current move over the lower 50 day Mavg is also on LOW volume. Pretty obvious what's coming next!