T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Shares Gap Up – Still a Buy?

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLTGet Free Report) gapped up prior to trading on Monday . The stock had previously closed at $29.08, but opened at $30.28. T-Rex 2X Long Tesla Daily Target ETF shares last traded at $30.66, with a volume of 1,078,252 shares traded.

T-Rex 2X Long Tesla Daily Target ETF Stock Down 3.2 %

The firm’s 50 day simple moving average is $20.26 and its 200 day simple moving average 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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