Direxion Daily TSLA Bear 1X Shares (NASDAQ:TSLS)

Chart of the Day December 20th, 2022

View Entire Video (29:40)
Bands Volume 200 SMA 50 SMA 20 SMA Videos Alerts Articles Events
TSLS Weekly Chart

Old Forum Content for TSLS

Make a Forum Post
Become a member to view recent forum posts. Already a member? Sign in here.
Loading...
  • vcondry: $TSLA thought it might hold at $110 but on down she goes $TSLS probably extended here but I said that 10 points ago.
  • joelsg1: @vcondry $TSLA $TSLS Rolled down/out all $90 short puts to $75s for credits as bloodbath continues.
  • woodman: @vcondry $TSLA $TSLS - yet another rollover at the 5-8dEMA. $TSLS is the gift that keeps giving.
  • vcondry: @joelsg1 $TSLA $TSLS think we might see a rebound at $100?
  • vitoB: @vcondry $TSLA $TSLS same here.. and $GS just came out today with a buy rating, so I'd say theyre selling on the other side
  • woodman: @vitoB $TSLA $TSLS $GS - Ha, wouldn't be surprised. Goldman Snakes.
  • vitoB: @woodman $TSLA $TSLS $GS #marketmakers $TSLA missed expectations, kill em 13%. $AAPL didnt do anything, lets take that down 4% and everyone gets their 'apple falling from the tree' notes out to clients after its fallen off the tree.
  • joelsg1: @vcondry $TSLA $TSLS No clue, though round number bounce always in play. There's plenty of good news out, but dwarfed by negative narrative. Again, why buy until quiet period over and E which could surprise to upside on 1/25. Put 3/1 Investor Day on calendar when they said they'd discuss new Gen. 3 platform (smaller, cheaper car) and capital allocation (buybacks).
  • champ: @DAN $TSLA....#Welcome-back.......that would really be painful to watch....and after today, it might start to get a little harder for Day-Traders to short, however maybe not all that hard to hold....$TSLS....however I have No-swings.
  • vcondry: @LeAf $TSLA I was reading a report yesterday that said they were looking for a strong close above $122 to initiate a small starter in $TSLA that being said i will most likely buy some $TSLS in the final minutes of trading.
  • vcondry: @LeAf $TSLA your thesis makes sense but I would stick with something where your losses are capped such as a put or $TSLS shorting Tesla can really mess your whole account up if it gets some wild catalyst to run up. So far its holding pretty strong. Any close below $120 you could go bearish any close close to $122 i would probably not buy it but i wouldnt go against it. just my $.02
  • vcondry: @Jim88 $TSLA #positive #negative Amazing how Elon's mouth has caused not only the stock to collapse but also the resell value of Tesla's in general. Everyone forgets about SpaceX and Starlink (huge aid lifeline to Ukraine) and focuses only on the current crap he is spewing forth. I agree she's a bit of an a$$ on CNBC. Looks like we might see $100 today. $TSLS and or puts will be the play...look out below. I do plan on buying some back eventually as I do believe in the company...just not the chart.
  • Jim88: @vcondry $TSLA $TSLS #positive #negative Maybe, but I would not hold any short beyond Friday. The big boys will be back next week and there just might be a feeding frenzy.
  • vcondry: @Jim88 $TSLA $TSLS #positive #negative after just reading through Dan's post I will definitely dump the puts today or tomorrow...they have done well for me but more experienced heads have weighed in and I would be a fool not to listen.
  • vcondry: @vcondry $TSLA $TSLS #positive #negative All Star Charts echoed Dan's sentiment...they recommended waiting til it gets back above $122 to get back in. Dumped the rest of my puts for an average of 30% profit. Thanks @DAN for the idea only wish I had jumped on board even sooner.
  • woodman: $TSLS $TSLA - Still have some $TSLS (trimmed some this morning), which I mentioned back in November (mentioning to keep watch for $TSLA rollover at the 8dEMA - it went a few more days higher into the 21dEMA, then rolled over, massively, having not closed above the 8dEMA since 12/2). But I'm not yet just selling out of this completely. TSLA is an inside day thus far (and losing altitude after the opening pop) and still can't even get over the 5dEMA. In fact, since 12/2, it has only once closed above the 5dEMA (on 12/9) and the was a just barely, with a rejection at the 8dEMA just above it.
  • vitoB: $AAPD daily apple short, could go from $TSLS to there if you want to keep market shorts
  • traderdl: $TSLQ, $TSLS new highs
  • vitoB: $TSLA when this turns its going to move quick. the $TSLS is almost 20% above the 50d on an hourly chart. the RSI is 17, almost all neg headlines and "cold " videos have been played on production. a stock rarely has 7 consecutive full red bars on the chart, all not reasons why the turn is now, but thats how im playing it. long at an avg of ~114 on the day, so this is in the red right now , think theres 14 down 40 up risk reward from these levels.
  • issues: @vitoB $TSLA $TSLS I hope you are right. I bought a small starter position today at $115
  • vcondry: @issues $TSLA $TSLS set your stops at no lower than $98 if it goes under $100 look out below. I'm still riding my $130 puts though I did let a few go expecting some kind of bounce at $110 as per Scott's input.
  • champ: @joelsg1 $DJIA $TSLA $TSLS #easy-way......All I'm doing is watching $TSLA and $TSLS....and I agree with you because my guess is....I also think that when $TSLA turns, it will really be fast, like a rocket...... .....and the Odds have to be, that the turn won't happen until next year, however it is sure possible, that maybe in the last few minutes of this year, could get some happy go-lucky swingers....that would want to jump the gun..because this stock has to be spring-loaded for a bounce...however that being said, nothing that sticks out like a sore-thumb, like this does,.....never really goes as expected, most of the time, however like I said, I will be watching, as the trading clock ticks-down to the End of the Year.
  • woodman: @traderdl $TSLA - $TSLS up 26% since last Thursday and 47% since beginning of the month.
  • champ: @joelsg1 $TSLA.....For now the play is $TSLS, as you know....and maybe next year it will be $TSLA.
  • joelsg1: @champ $TSLA $TSLS Yep.
  • Carpe_Diem: @champ $TSLA $TSLS - It is not going anywhere until Musk finds a leader to lead $TWTR. He stated months ago that he will step down and let someone else lead $TWTR. This is a hobby project for him.
  • woodman: @Carpe_Diem $TSLA $TSLS $TWTR - Incredible destruction of his brand, and completely self-imposed. He's perfectly entitled to believe what he wants to believe, but it's tremendously unwise, as a CEO, to offend a huge % of your possibly repeat, and potential new, consumers. https://www.cnet.com/tech/these-tesla-drivers-are-done-with-elon-musks-twitter-drama/
  • MongosPawn: $TSLS Got stopped out of the last of my positions as I'm expecting a bounce at some point. Picked up some $CHPT on the bounce for a day trade.
  • champ: @Henry $DJIA $TSLA....A lot of Damage was done to Investors today.....because as of the close yesterday, they were on a snow ride with Santa.....now we will see what happens tomorrow...... ...and Yes $TSLA is sure having a real hard time.... but with $TSLS as a short position, they sure figure out a real #easy-way for Investors too short his stock.....
  • joelsg1: @champ $DJIA $TSLA $TSLS #easy-way Reported short volume on $TSLA of about 50% of volume may or may not reflect $TSLS, so it's even better or worse depending on your trading plan. Feeling OK about stock and those short $100 puts, not so much my way otm calls which I dumped last week for tax loss, with such large short interest, margin calls and institutional buyers waiting for numbers in Jan., and no company comms., there are no rational buyers which accelerates downside. But, I think you're right, when this turns, survives smackdown and exceeds that level, lots of juice to quick upside, perhaps before New Year.
  • MongosPawn: $LABU $TSLS Sold half $LABU. Back in $TSLS.
  • MongosPawn: $TSLS Thanks Woodman!
  • woodman: @MongosPawn $TSLS :-)
  • MongosPawn: @woodman $TSLS Sold some at the end of the day. A bounce in TSLA is due I would guess. Will likely reload if and when that happens. Thanks again.
  • shoredriver: @MongosPawn $TSLS ....$TSLL then.....
  • woodman: $TSLA new low. My short continues to work. $TSLS.
  • Forexpro: @woodman $TSLA $TSLS Good work, Woodman! Up another 4 percent on the day ain't too shabby.
  • Momentariness: @woodman $TSLA $TSLS Congrats
  • woodman: @Forexpro $TSLA $TSLS - Thanks. Unfortunately, I have too much red elsewhere....
  • woodman: @Momentariness $TSLA $TSLS - Thx. I'm late to get back in this trade this week and kicking myself because I didn't trust my gut all the way back in November. Need to decide whether to hold over the weekend.
  • joelsg1: @woodman $TSLA $TSLS Looks like he's selling again early, last day before insider window closes, but could reverse hard when he stops.
  • woodman: @joelsg1 $TSLA $TSLS - Thanks, Joel!
  • woodman: $TSLA $TSLS - kicking myself for not listening to my gut belief - which I posted in Nov. - that TSLA would be a good short if it started rolling over, which it did at the 21dEMA.
  • Docoof: @woodman @joelsg1 @issues @bigbartabs @bb_b $TSLA $TSLS You’re the cool kids, so I want to have a post in this thread. $AAPD = $AAPL Bear 1X $AMZD = $AMZN Bear 1X $GGLS = $GOOGL Bear 1X $MSFD = $MSFT Bear 1X $NVDS = $NVDA Bear 1.25X $PYPS = $PYPL Bear 1.5X $NKEQ = $NKE Bear 2X $PFES = $PFE Bear 2X #Crypto #Bitcoin $CONL = $COIN Long/Bull 1.5x
  • woodman: $TSLA on a rollover here at the 8dEMA becomes another short entry. $TSLS
  • joelsg1: @woodman $TSLA $TSLS I follow Ihor Dusaniwsky as shorthand on short data: he's got 70M shares short. They will cover quick to protect big profits accelerating any turn.
  • woodman: @joelsg1 $TSLA $TSLS Yikes! I'm not familiar with this person but now I am curious. Thanks.
  • joelsg1: @woodman $TSLA $TSLS On Twitter.
  • woodman: @joelsg1 $TSLA $TSLS - Found it. Thanks.
  • issues: @woodman $TSLA $TSLS Are you short both or is TSLS a mistake for TSLA?
  • woodman: @issues $TSLA $TSLS - TSLS is the TSLA bear 1x ETF, so TSLS is a way to "short" TSLA. It hasn't triggered yet in that TSLA hasn't rolled over. So, I'd say keep this on watch.
  • bigbartabs: @woodman $TSLA $TSLS ... odd to see a bear ETF, the reverse of 1 ticker.
  • woodman: @bigbartabs $TSLA $TSLS - it's a growing industry, so to speak, with a lot of the heavily traded/large stocks.
  • bigbartabs: @woodman $TSLA $TSLS ... why not just short it? What advantage does a 1 ticker ETF make?
  • bb_b: @woodman $TSLA $TSLS now over EMA8 and climbing
  • woodman: @bigbartabs $TSLA $TSLS - I don't know if there is an advantage or disadvantage in general, but in some accounts you can't short at all (e.g. an IRA).
  • woodman: @bb_b $TSLA $TSLS - on 11/15, it reached the 13dEMA before falling back down, then rolling over. In any event, the trade hasn't triggered.
  • bigbartabs: @woodman $TSLA $TSLS ... gets even more odd... Tesla Single -Stock Leveraged ETFs | Direxion | TSLL TSLS https://www.direxion.com/product/daily-tsla-bull-and-bear-leveraged-single-stock-etfs?utm_source=msn&utm_campaign=TSLA&utm_medium=cpc&utm_term=shares tesla&keyword=shares tesla&msclkid=732b5147271e1ef7d21e323959ff8ccf (have to copy paste the entire link) The Direxion Daily TSLA Bull 1.5X Shares (TSLL) and Direxion Daily TSLA Bear 1X Shares (TSLS) …
  • woodman: @bigbartabs $TSLA $TSLS - This was an article in August. https://www.cnbc.com/2022/08/18/tactical-trading-vehicles-the-case-for-single-stock-etfs.html
  • bigbartabs: @woodman $TSLA $TSLS ... that article certainly explains it. I've been using 3x ETFs for years... not only for trading, but holding for multiple days. I've even held 3x ETFs for multiple weeks... not often, but in certain market bull conditions. But doing that same leverage on a single stock's performance... with no spreading of risk across multiple inherit ETF tickers... I think that could bring a disastrous 3x "FTX" like event. Leveraging 500 $SPX stocks 3x... or 30 $DJI stocks... or 100 $NDX stocks... or 2000 $RUT stocks... or any number of sector level 3x ETFs... those are a far cry BIG spread of risk, than a 3x TSLA, or 3x Apple... with a sudden unexpected event at the single firm level. Algorithms could take that 3x single firm ETF into the dirt in a matter of seconds.
  • woodman: @bigbartabs $TSLA $TSLS $SPX $DJI $NDX $RUT - Agree. So far the most I've seen is a 1.75x (bull) on a single stock. I've not traded a one. My even looking at any single stock ETF (bear or bull) is a very new thing.
  • joelsg1: @bigbartabs $TSLA $TSLS No borrow fee, no risk of involuntary cover sale, maybe you can even get even more leverage with options on etf,.
  • grcjr: #NASDAQ100 new highs (52+weeks): $INTU $AAL $EXPE $REGN $EA $AMAT $CHTR $HAS $CMCSA $CTSH $MAR $FISV $HSIC $TSLS $VRTX $SBUX. Big list today. Can't figure out where to be? Could try $SMH. Perhaps $SOXL
Visit the Trading Forum to join in the discussion.
Stock Price $23.45
Change -0.64%
Volume 935,827

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Indxx US Electric and Autonomous Vehicles Index. The index is designed to track the performance of electric and autonomous vehicles companies. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. It is non-diversified.

Request Video of TSLS
Already a member? Sign in here.
Past Month

Leading Peers

Past Month

Lagging Peers

Dan Fitzpatrick

Stock Market Mentor gives you EVERYTHING you need to succeed in the market; all in one place. How easy is that? Dan Fitzpatrick and his elite community of traders share trading ideas, strategies and much more. Dan Fitzpatrick--a world class Technical Analyst, trading coach and regular CNBC contributor--gives you access to all of this with a 30 day trial membership for just $7.77. Get started TODAY and start trading better TOMORROW with the following premium content:

  • Nightly video Strategy Sessions with a game plan for tomorrow
  • Got a stock you want Dan to look at? Just ask.
  • Patent pending video alerts instantly delivered to you when one of Dan’s trading signals is triggered. This is not your typical price alert. This is a short video explaining the action you need to take to make money. No more “Woulda, coulda, shoulda”
  • Access to over 90,400 stock analysis videos
  • Access an ever expanding library (90,400) of educational videos that will save you time and make you money

Join a team of friends and traders that have one thing in common; a burning desire to succeed.

Become a Member Today!

Gain immediate access to all our exclusive articles, features, how-to's, discussion group and much more...

Satisfaction Guaranteed!

Your Stock Market Mentor membership comes with a 30 day, no questions asked, 100% money back guarantee!