Technical Summary: The stock of PGW is likely to be as influenced by the current corporation actions surrounding the sale of their seeds division as it is by standard market supply and demand factors. The stock however has moved generally higher over the last five years in an uptrend while paying a reasonably hefty dividend along the way. over the last few months the stock has pulled back from highs to an area of support from earlier in the year. This will either result in the stock finding support and
therefore a buying opportunity or the stock will break through support and continue into a full blown downtrend. Buy the dip buyers will therefore be interested in the stock here.