[malaguti]

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.

excellent points, especially about the monthly.
If the 30 encapsulates the price action, then id still consider it a 2a but as you say the right shoulder of the basing pattern needs to hold now. Any move lower will indeed confirm a 1. Either way, it doesn't get traded for me until above 700 and would have to reconsider my approach based on the monthly now. Perhaps I might consider a percentage of my full stake rather than just watch it breakout. Anyway, a little way to go