HZR Chart, page-2615

You see, this is one of the problems when using diagonals, you can shift them around to suit an agenda. (not saying you were at all) But when you stick your chart on a Log Scale then it's far more accurate. Of course diagonals aren't as strong as horizontals and then you'd probably be aware that wicks don't carry the weight of a candle body and this diagonal is only on wicks so to me it reads as pretty lightweight.
You can also see from the thick yellow lines that the stock has already seen spikes like the current one but unfortunately it always runs out of horsepower.



Can I suggest the following for you to have a look over and see what you think.
The horizontal at .45 has offered strong support on many occasions (circled) and is now acting as resistance. It would be significant if the SP closed above that level IMO. Thing is with horizontals is that the chartist can't make anything up to suit an agenda, it's perfectly clear cut. Plus, it carries far more weight.



Note on the above chart that you may have an incoming "Golding Cross" if and I say IF that red 50ema continues up and crosses the blue 200ema. Now that would be a bullish signal IMO.

But for the day to day stuff, currently you are wicking at the top of bollies which generally indicates that the buying is becoming exhausted so don't be disappointed if it goes back and fills the gap in the short term. But overall there are more positive indicators firing than there are negative. Especially MACD.



Keep all the candle bodies above the pink 20ema on the 30min and hourly and you'll all be happy chappies.



Cheers