Using the same firm you picked from Assignment # 1 (Technical Analysis Report), provide a brief (one paragraph update) on how the price of the asset has performed since you completed your technical analysis. Did the asset perform as you thought?

Analysis from Assignment #1:

For the short-term chart, we are using a 50-day moving average and a 1 day candle time frame. The stock price in this chart is below the 50 day moving average, this means that the stock is in a short-term downtrend. If the candle is closed above the 50-day moving average we can expect the stock to go from $54 up to $59, which is the present price. The candles are moving in a range that is in a pattern. If the candle chart doesnt close above the 50-day moving average we expect the price to drop down to the $52 range, which is the supporting trendline that is drawn in this chart.

054.21 H54.39 L54.01 C54.23 +0.11 (+0.20%) 27 nn USD 61.00 Coca-Cola Company (The) 1D NYSE Vol 12.379M Pivots MA 55.45 60.00 59.00 58.00 57.00 diphene 56.00 55.00 54.23 Mango Ayant you bep training 53.00 52.00 51.00 50.00 4, + 48.85 48.00 47.00 46.00 like you munka alam toda la la la la la E 45.00 RSI_49.11. ww 60.00 my mm when 40.00 17 20.00 Oct Nov 2 2021 Mar Apr May 2 Jul Aug Sep Oct Nov D 14 Dec '21 2022 1D 5D 1M 3M 6M YTD 1Y SY All 07:16:20 (UTC+5:30) adj % log auto 054.21 H54.39 L54.01 C54.23 +0.11 (+0.20%) 27 nn USD 61.00 Coca-Cola Company (The) 1D NYSE Vol 12.379M Pivots MA 55.45 60.00 59.00 58.00 57.00 diphene 56.00 55.00 54.23 Mango Ayant you bep training 53.00 52.00 51.00 50.00 4, + 48.85 48.00 47.00 46.00 like you munka alam toda la la la la la E 45.00 RSI_49.11. ww 60.00 my mm when 40.00 17 20.00 Oct Nov 2 2021 Mar Apr May 2 Jul Aug Sep Oct Nov D 14 Dec '21 2022 1D 5D 1M 3M 6M YTD 1Y SY All 07:16:20 (UTC+5:30) adj % log auto