T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Trading Down 6.2% – Time to Sell?

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLTGet Free Report)’s stock price dropped 6.2% on Wednesday . The stock traded as low as $26.08 and last traded at $26.32. Approximately 1,427,099 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 5,778,595 shares. The stock had previously closed at $28.05.

T-Rex 2X Long Tesla Daily Target ETF Stock Down 3.0 %

The firm has a fifty day simple moving average of $19.26 and a 200-day simple moving average of $15.52.

About T-Rex 2X Long Tesla Daily Target ETF

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The T-REX 2X Long Tesla Daily Target ETF (TSLT) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Tesla, Inc stock, less fees, and expenses. TSLT was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.

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