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Tecumseh Products (TECUA) Approaches New Upside Target of $12.85

By Chip Brian

SmarTrend has detected shares of Tecumseh Products (NASDAQ:TECUA) have bullishly opened above the pivot of $12.01 today and have reached the first resistance level of $12.31.
We are watching for a cross of the next upside pivot targets of $12.85 and $13.69. Also, the shares are currently trading above the 50-day moving average of $12.32 and above the 200-day moving average of $12.33.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Tecumseh Products on July 14, 2010 at $12.43. Since the call, the stock has risen 0.4%.

Keywords: tecumseh products pivot points

Ticker(s): TECUA