![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijL5tnsZixg3uerYGUNhjHk-575q8mJ38xNE7RkF9Dp6El8O0gRbYWzEMqViFYsXrHFZF-upKkNCgqhAFgvcGLgh16InAq1BRwnZlGh2bKBpxLKRfNfjCJC0f5LsWsUWWMyuE32CIetRRz/s320/GM-May-26-09.jpg)
GM - Day trading chart review
During the correction, if the downtrend channel is broken out, a massive short term run up is expectable. The chart shows GM on May-26-2009, facing the bankrupcy .... GM jumps up from 1.25 to 1.84 in 45 minutes.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijL5tnsZixg3uerYGUNhjHk-575q8mJ38xNE7RkF9Dp6El8O0gRbYWzEMqViFYsXrHFZF-upKkNCgqhAFgvcGLgh16InAq1BRwnZlGh2bKBpxLKRfNfjCJC0f5LsWsUWWMyuE32CIetRRz/s320/GM-May-26-09.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijL5tnsZixg3uerYGUNhjHk-575q8mJ38xNE7RkF9Dp6El8O0gRbYWzEMqViFYsXrHFZF-upKkNCgqhAFgvcGLgh16InAq1BRwnZlGh2bKBpxLKRfNfjCJC0f5LsWsUWWMyuE32CIetRRz/s320/GM-May-26-09.jpg)
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