Long TSLA with a quick stop if we break back below 290.Tesla, Inc.BATS:TSLANOBSForexI have followed TSLA for a while now and this 290 level has been huge. We have tried to test it a couple of times and failed, and you can see how price was stuck in a range below that level for almost 4 months earlier this year. The one thing that worries me is that there are a lot of people on social media calling for a pop here because of the drop we just saw and a lot of people are watching that 290 level. I think the market might punish the majority and dump this but the R:R is too great to ignore a trade here. I would stop out of this if price closes back below 290 (on the 1H or D timeframe depending on your risk). If we don't stop out I would target 300, 310, 325. Break/hold above 333/5 and I would press longs for 360, 400. If price does break/hold below 290 I would be short to target 280, 275. 275 should be another big support level as you can see the other white box/range on the chart has a top there. A look below and fail of 275 would be another good long entry and that would be the level I would watch if they decide to punish the 290 crowd. I will post again if we see 275 otherwise look for upside with a quick stop as detailed above.