Chart in Focus: Panera Bread Company

 | Sep 16, 2014 01:04AM ET

Panera Bread Company (Panera Bread Company (NASDAQ:PNRA)) has been flagging in the last six days after a sharp upmove earlier this month that took the stock from the 150 to 155 area. A break above the recent highs at 156 could move the stock up to fill the May gap - resistance around the 160 area. A recent consolidation low at 154 should be used as the initial stop loss level.