***GM, snap-back rally on extremely strong volume, +6.25% currently at $22.62... bullish engulfing over yesterday signals a short-term squeeze higher but the longer-term issues with the company still remain... <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=gm,uu[w,a]dacayiay[dc][pb50!b10!f][vc60][iut!lb14!lh14,3]&r=6857> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=gm,uu[w,a]wacayyay[df][pb50!b10!f][vc60][iut!lb14!lh14,3]&r=2228> <img src=http://bigcharts.marketwatch.com/charts/big.chart?symb=gm&ma=None&maval=9&uf=0&lf=1&lf2=2&lf3=32&type=4&size=3&sid=2160&style=320&time=20&freq=3&nosettings=1&rand=1760&mocktick=1>