Based on the recent movement of JMART price, it has experienced a decline of over 61.8% retracement. As a result, it is highly likely that the price will reach the target price of 18, which represents the next level of retracement. Nevertheless, I personally believe that JMART has the potential to become a future stock leader of Thailand, similar to TSLA , provided that it can rebound from the same retracement level as TSLA .