Rex shot up today as crude oil shot up 25% yesterday. In fact yesterday afternoon, it started to show some signs of turning and indeed from 0.088, the stock shot up to 0.096. It's no wonder it ran a little yesterday and gap up today because oil was in play once again as trump was trying to be the negotiator between russia and saudi. The Rex Intl chart has strong collections yesterday and after lunch, the stock started to experience big bites and soon, it shot up and maintained at 0.096. That level was critical for price to be maintained by the big players since the stock was in the hands of the strong holder. Study the market depth as attached. See the 5 minute oil chart and study Rex Intl chart, there were many signs and signals yesterday before the movement started.
Ronald K - Market Psychologist - A Stock Market Opportunist
