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Wednesday, 05/21/2008 1:31:06 PM

Wednesday, May 21, 2008 1:31:06 PM

Post# of 64475
PILGRIM PETROLEUM CORP (NASDAQ:PGPM) Sidelines Mode
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

Based on a pre-defined weighted trend formula for chart analysis, PGPM scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend):


-10 Last Hour Close Below 5 hour Moving Average
-15 New 3 Day Low on Tuesday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, Week Ending May 17th
-30 New 3 Month Low in March

-55 Total Score



Open High Low PGPM Price Change
0.0024 0.0029 0.0015 0.0015 -0.0009