LEN was posted as a short trade idea on December 6th with the suggestion to short a 1/2 position (at 36.42) while waiting for a break of the S1 (1st support) level to break before bring the trade to a full position. I am revising that second entry to current levels as LEN appears to be breaking down from this bearish rising wedge pattern that has formed since the original post. One could also wait for a more convincing move or a close below that wedge to avoid a premature entry, in case prices snap back into the wedge today. Also note that the distance to that support level (S1 at 34.25) is now about 14.5% below currently levels (40.01) so I have changed the former S1 support level to T1 (first target) and re-sequenced the remaining targets. Previous & updated daily charts below along with a weekly chart showing that LEN has made an over-extended run into a key long-term resistance level.