It's brewing all right - in the rees at least, this looks like it's forming a blowoff top. I've been holding several of these because I thought they were consolidating. When they run, they move fast, so I felt I had to hold - otherwise if I walk the dog at the wrong moment I could easily miss the next (last?) run.
I plan to sell at least half of my AVL & REE tomorrow. I also have smaller cap Venture listed rees - we'll see how they do tomorrow.