[isatrader]

The way I see it, its in a 2a at the moment and a break of the last high at c700 will be a continuation

I'd argue that that although it made a Stage 2A breakout attempt. It immediately reversed the following week and closed back below the breakout level and has since moved lower. So I would class it as a failed Stage 2A breakout attempt and now back in Stage 1 personally, potentially attempting to create the right shoulder of an inverse head and shoulder base. But we will see.

Also, see the attached monthly chart, which my research has suggested that when a stock attempts to make a Stage 2A breakout on the weekly, should also be at least moving above the 30 month MA on the monthly chart and hence back into Stage 1A on a monthly basis, which LRE was still well below on it's weekly Stage 2A breakout attempt, as it was still in a monthly Stage 4.