T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Stock Price Up 4.5% – Still a Buy?

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLTGet Free Report) shot up 4.5% during mid-day trading on Friday . The stock traded as high as $25.31 and last traded at $25.08. 1,961,617 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 5,814,931 shares. The stock had previously closed at $23.99.

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

The stock has a fifty day moving average price of $17.24 and a 200 day moving average price of $14.59.

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.

Further Reading

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