PPR - PNRA pocket

Published : November 28 2011 at 14:25 ET

Restauranteur PNRA operates 1,453 bakery-cafes in 40 states and has enough volume in today's trade to qualify for a pocket pivot. It gapped up on October 26 then proceeded to trade in a constructively tight manner. Today, it staged a mini-gap up on volume so is actionable at current levels.

PNRA has an overall rating of 99 and industry group rank of 16th out of 202 groups.

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