The Berkeley Group Holdings continues its bullish rally to test new highs.

The fundamental qualities of the group are clearly attractive as evidenced by the upward revisions of earnings per share and revenue estimations. The profitability of the company's business remains good. The high levels of valuation show the interest of investors for this security.

From a technical viewpoint, the stock tests currently the GBp 2207 short term resistance, level already tested three times without success. However, it could leap this time, supported by the 20 and 50 days moving average.

Therefore, investors will benefit from the signal given by the crossing of the GBp 2207 resistance to take a long position in the stock. The objective will be set near GBp 2400. Once the position is opened, a stop loss should be fixed under effective entry point to guard against a trend reversal.