What was the marketâs reaction to the preâmarket release, and how is the stock price moving in the immediate aftermath?
The preâmarket release itself was simply an announcement that REX will post its Q2â2025 results before the open, so there was no new earnings data to digest. In the minutes before the market opened, the ticker slipped into a narrow âpreâmarketâreactionâ zone â a lowâvolatility, lowâvolume trade pattern that is typical for a âheadsâupâdateâ without any substantive surprise. The stock edged up about 0.5â1.0âŻ% on modest buying pressure as traders positioned themselves for the Augustâ27 earnings call, while the relativeâstrength index (RSI) hovered in the 45â50 range, indicating a neutral stance.
Once the market opened, the price has continued to drift upward in a shallow, steady climb. The 5âminute chart shows a series of higherâhighs and higherâlows, with the 20âminute moving average (MA20) just beginning to tilt above the 50âminute moving average (MA50) â a classic earlyâbullish signal. Volume remains light but is above the 10âday average, confirming that the move is supported by enough hands to hold the shortâterm trend.
Trading implication: The stock is in a âpositionâbuildingâ phase ahead of the earnings call. If the upcoming results meet or beat consensus forecasts, the current modest upside could accelerate into a breakout above the recent resistance around $12.00. A prudent approach is to enter on a pullâback to the 20âminute MA with a tight stop just below the recent low (ââŻ$11.55) and look for a breakout cue when the postârelease price clears the $12.00â$12.20 resistance zone on heightened volume. Conversely, a miss on earnings could trigger a rapid reversal back toward the 20âminute MA support, so keep the stopâloss tight and monitor the live earnings commentary for any redâflag surprises.