AMGEN INC (AMGN-Nasdaq): Technical Viewpoint: From a low of $52 1/2 on Jun 18, 1999 prices rallied, reaching a high of $79 1/8 on Jul 16, 1999. A decline saw prices pull back, reaching a low of $72 1/9 on Jul 22, 1999. Another rally saw prices penetrate resistance, closing 7/30/99 at $76 7/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 7, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $72 1/2. Resistance: Is at $78 3/4. Point & Figure: Reversed to the upside on Jul 30, 1999. A P&F upside reversal takes place at $72 1/2. Summary: Technical indicators have turned bullish. BUY! AMGEN INC (AMGN-Nasdaq) @ $77 1/8 Stop: Use a protective stop of $74 3/8. AMGEN INC is currently trading @ $76 7/8 plus $3 1/4 on Jul 30, 1999. Price Objective: $99 3/4. Risk/Reward: $2 3/4 VS. $26 5/8. Today's Risk Reward Ratio: 8:1