analysis by Iran NEoWave Institute about Stock وبملت on 6/7/2025

#Webmolt (Update 2 of Analysis No. 1) Given the continuation of the downtrend in the share of Mellat Bank, the occurrence of a horizontal contractionary triangle with reverse alternation or a standard horizontal neutral triangle in the current correction is probable, in which the wavelength C was decisive compared to the A wave. The support of 246 to 230 USD is an important support for this share and can lead to the termination of the C wave. Also, the two time zones of 100 and 162 percent of the wave (B) and (C) are upward can also be a good place to terminate the C and E wave. The first zone is about 19 to 21 June and the second area is about 15 to 21 July 1404. View long -term analysis on the site @Iranneneowave