$CGC - COSTA GROUP - Looking to fill the gap?

$CGC - COSTA GROUP - Looking to fill the gap?

It got whacked in Jan because of earnings warning. Things seem back on track and big gap up to fill. I like the look of it technically. Commonwealth Bank has bought in. Maybe a stop around 5.75 based on the 15 min chart. Long term could be promising. Worth a watch.

About Costa Group

Costa Group Holdings Limited is a horticulture company. The Company is principally engaged in the growing of mushrooms, blueberries, raspberries, glasshouse grown tomatoes, citrus and other selected fruits within Australia; the packing, marketing and distribution of fruit and vegetables within Australia and to export markets; provision of chilled logistics warehousing and services within Australia, and licensing of blueberry varieties and berry farming in international markets. It operates in three segments: Produce, which operates in four categories: berries, mushrooms, glasshouse grown tomatoes and citrus; Costa Farms and Logistics (CF&L), which incorporates interrelated logistics, wholesale avocado marketing and banana farming and marketing operations within Australia, and International, which consists of royalty income from licensing of the Company's blueberry varietals in Australia, the US and Africa, and international berry farming operations in Morocco and China.

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Went the wrong way so stopped out. Back in the watch list.