Accumulation of the stockSomething else to pay attention to is what appears to be accumulation of the stock into strong hands. By this I mean that if you watch the action closely there is very little 'loose' stock coming out and hitting the bids. If anyone really wants to buy a sizable position they need to go to the offer to get it because sitting on the bid usually doesn't work here any more.
This is the kind of trading pattern that is ripe for a big move higher when the 'strong hands' are ready and when there is news to justify it. It would seem to me that if the DEC news is really positive on Monday that NKA is ready to make a big move higher and probably take out the 52 week high.
GLTA