KUALA LUMPUR (May 27): RHB Retail Research said DS Sigma Holdings Bhd (KL:DSS) is poised to move higher after breaking past the resistance on strong volume.

In a trading stocks on Monday, the research house said that last Friday, the stock breached the 36.5 sen resistance on strong volume, forming a fresh “higher high” bullish candlestick.

“The stock should extend the upside movement towards the next resistance at 41 sen, followed by 44 sen.

“On the other hand, falling below the 34 sen support will resume the correction phase,” it said.