ELAN CORP (ELN-NYSE): Technical Viewpoint: From a low of $47.85 on Apr 20, 2001 prices rallied, reaching a high of $58.90 on May 29, 2001. A decline saw prices pull back, reaching a low of $55.85 on Jun 12, 2001. Another rally saw prices penetrate resistance, closing 6/14/01 at $60.05. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on May 10, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $56.25. Resistance: Is at $60.13. Point & Figure: Reversed to the upside on Jun 14, 2001. A P&F upside reversal takes place at $57.75. Summary: Technical indicators have turned bullish. BUY! ELAN CORP (ELN-NYSE) @ $60.13 Stop: Use a protective stop of $57.50. ELAN CORP is currently trading @ $60.05 plus $3.44 on Jun 14, 2001. Price Objective: $74.00. Risk/Reward: $2.63 VS. $13.88. Today's Risk Reward Ratio: 5:1