Despite the weaker sentiment on the broader market, PTARAS rose 13 sen (at RM4.91) on increased trading volume. The price action has now confirmed a "Flag" chart pattern with its bullish move. Furthermore, we noticed that the share price has also intersected the 20-day SMA for the first time since the start of May (preGE13 rally). As such, we believe that the balance of probabilities favour the upside from here. Taken as a whole, we believe that the PTARAS could potentially rally towards the RM6.63 "Flagpole" measurement objective next (aim to take profit 3 sen below this level). Conversely, downside appears limited to RM4.48, and traders should look to place a stop-loss 3 sen below at RM4.45.