Biotechs may still be generally out of favor, but the group has been firming up in recent weeks, holding its own in IBD’s 197 industry group rankings. Even though large-cap names like Biogen (BIIB), Celgene (CELG) and United Therapeutics (UTHR) have come under selling pressure, there are still plenty of top-rated names in the group showing relative strength. Amgen (AMGN) is carving a first-stage cup-with-handle base with a 165.10 buy point.