REX American Resources Corp

REX remains in a Stage 2 advancing corrective reset with failed downside control signaled by a Bullish Pivot Point and repair above the 9/21 EMA and 50 DMA. The medium-term bias is bullish, supported by rising EMAs and expanding volume. Short-term price acceptance just above the 9/21 EMA zone offers a favorable entry for continuation participation. We initiate now, engaging via pullback interaction to capture further upside.

• ↑Q1 net income $18.5M (+113% YoY), EPS $0.56
• ↑Gibson City expansion to 200M gallons/year by end-2026
• ↓Profitability hinges on uncertain continuation of 45Z credits