$AXTI

If it wants to rest until the red line below, that is its right, and it would not seem strange to me.
Retail doesn't think that it made a +6,000% rally from the bottom, thinks that it fell -40% from the top. It sees this situation as an opportunity. MMs also knows this and plays accordingly. It makes it do one more rally to pull people in. Double tops form like this. If it cannot find as much retail as it wants, it makes an H+S so that more retail will get in