TradingKey – Intel Corporation (NASDAQ: INTC) sits at $140.05, holding firm on the ascending trendline within the 2H timeframe. The RSI indicator is currently reading 55.21, positioning it as neutral-bullish, while green candles continue to soak up sell orders in close proximity to the trendline-resistance alignment. This rally translates into a ~465% gain for the company’s stock over the prior 12 months, climbing from a $18.97 low, a climb so massive that the 12-month average analyst price target of $93.93 now sits 33% behind the actual price of shares, creating an enduring wedge between where analysts have modelled the stock to end and where they find it today.

Intel’s July investment thesis does not hinge on the Apple deal or…