T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Shares Gap Down – Should You Sell?

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLTGet Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $31.04, but opened at $30.08. T-Rex 2X Long Tesla Daily Target ETF shares last traded at $30.43, with a volume of 749,783 shares traded.

T-Rex 2X Long Tesla Daily Target ETF Stock Performance

The stock’s 50 day moving average price is $20.26 and its 200-day moving average price is $16.03.

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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