AMGEN INC (AMGN-Nasdaq): Technical Viewpoint: From a low of $52 1/8 on Jun 11, 1999 prices rallied, reaching a high of $79 1/8 on Jul 16, 1999. A decline saw prices pull back, reaching a low of $72.19 on Jul 20, 1999. Another rally saw prices penetrate resistance, closing 8/12/99 at $79 1/2. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 12, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $75 3/8. Resistance: Is at $81 3/8. Point & Figure: Reversed to the upside on Aug 12, 1999. A P&F upside reversal takes place at $76 1/4. Summary: Technical indicators have turned bullish. BUY! AMGEN INC (AMGN-Nasdaq) @ $80 1/8 Stop: Use a protective stop of $77 1/2. AMGEN INC is currently trading @ $79 1/2 plus $2 5/8 on Aug 12, 1999. Price Objective: $90.00. Risk/Reward: $2 5/8 VS. $9 7/8. Today's Risk Reward Ratio: 4:1