I hate to post the chart on Panera. I love the place. When you can't find a 3rd generation ol' fashioned deli and franchise is the only option, Panera stacks up the best for me. That being said that has nothing to do with speculating in Panera. The chart looks to have formed a double top here. and looks set to violate the lowest mid-point of $46, which if done will inflict much pain on PNRA longs. A stop around $45 could and should protect you. Now I realise you could argue that this is a continuation rectangle bounded by 53 thru 46. I would respect this scenario more if the U.S. consumer wasn't in the dire predicament I believe him to be in.