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TSLQ

TSLQ | Tesla Bear ETF | LONGUnder normal market circumstances, the adviser will maintain at least 80% exposure to financial instruments that provide inverse exposure to the daily performance of TSLA. The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve on a daily basis, before fees and expenses, -100% performance of TSLA for a single day, not for any other period, by entering into one or more swap agreements on TSLA. The fund is non-diversified.
NASDAQ:TSLQLong
by DivergenceSeeker
1
TSLA looking weak SHORTTSLA is continuing to trend downward while China is melting down and the TSLA giga factory is underproductive. The chart shows a fall from the upper trendline of resistance confirmed by the MACD lines flipping above the histogram. Targets for the trade are the mid-range Fibonacci levels in the retracted of the up trend so about 258 and final take profit heading towards all earnings where the current trendline hits the horizontal support at about 205 about October 1st. Stop Loss nominally at $10 above the current market price. Accordingly expecting a reward to risk of more than 5 to 1. All in all, the short setup or put options appear to be an excellent setup, The best question is whether others in the sector are following the market leader and dropping even faster or instead, are they holding up better because they have less China exposure
NASDAQ:TSLAShort
by AwesomeAvani