Ideal entry was on the base and break lift-off with volume from 194 with fills around 195 or up to even 195.5 (with a 1 point or less stop -- at this point she either had to go immediately or would have been sold-off).
Notice how FSLR gapped up but stopped just under the previous day's high. A gap-up and basing under the previous day's high, with a daily number above and good volume and relative strength all constitute the stock communicating to you her intentions of wanting to make a serious run. We actually made a mistake in her because we were too eager. We were so sure about FSLR making a run that we bought her early before the breakout (193.5) and were later stopped out. It wasn't too smart but at least the second time we were patient and bought her on the base and break. This is a common mistake -- when one really wants in a stock one often jumps the gun. Instead (and here we are also repeating the lesson to ourselves) be patient and wait for the set-up.