I don't know what you're looking at....but there is no 'cup and...

I don't know what you're looking at....but there is no 'cup and handle' formation on any ANX chart.

There is a breakout...and it will retrace.
The level of retracement will speak volumes to the strength of the breakout.

I'd be more worried about the inevitable capital raise, and when it comes.
Tonnes of resistance in the stock between 6 and 8c. And rightly so after issuing over 100mln shares at 2c, plus all the free options exercisable at 6c.
You can sell all your stock at 6c, lock in 3x your money, and ride the free options!!!!!