CONNETICS CORP (CNCT-Nasdaq): Technical Viewpoint: From a low of $15.80 on Dec 10, 2003 prices rallied, reaching a high of $18.47 on Jan 5, 2004. A decline saw prices pull back, reaching a low of $17.42 on Jan 13, 2004. Another rally saw prices penetrate resistance, closing 1/28/04 at $22.05. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jan 28, 2004 when the Histogram crossed the "0" line to the upside. Support: Remains at $21.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jan 20, 2004. A P&F upside reversal takes place at $21.00. Summary: Technical indicators have turned bullish. BUY! CONNETICS CORP (CNCT-Nasdaq) @ $22.63 Stop: Use a protective stop of $20.63. CONNETICS CORP is currently trading @ $22.05 plus $0.91 on Jan 28, 2004. Price Objective: $33.00. Risk/Reward: $2.00 VS. $10.38. Today's Risk Reward Ratio: 5:1