PHARMION CORP (PHRM-Nasdaq): Technical Viewpoint: From a low of $20.24 on Mar 17, 2004 prices rallied, reaching a high of $26.08 on Apr 1, 2004. A decline saw prices pull back, reaching a low of $20.60 on May 5, 2004. Another rally saw prices penetrate resistance, closing 5/12/04 at $27.90. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on May 12, 2004 when the Histogram crossed the "0" line to the upside. Support: Remains at $21.25. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on May 12, 2004. A P&F upside reversal takes place at $26.50. Summary: Technical indicators have turned bullish. BUY! PHARMION CORP (PHRM-Nasdaq) @ $28.25 Stop: Use a protective stop of $26.25. PHARMION CORP is currently trading @ $27.90 plus $3.66 on May 11, 2004. Price Objective: $39.00. Risk/Reward: $2.00 VS. $10.75. Today's Risk Reward Ratio: 5:1