E-Mart in Korea is one of the largest offline hypermarkets.
Although there are various good news, the powerhouse of e-commerce "Naver", paid attention and exchanged stocks.
Vice Chairman Chung Yong-jin, although he has failed many before, has taken aggressive actions such as buying treasury stock and building Hwaseong International Theme Park.
If you take it in...
EMART is really popular in Korea. You can think of EMART is Korean Style of Walmart.
There are always demand of EMART in Korea but chart is not looking very bullish. If Head and Shoulder pattern is confirmed; which price break below the support line, price may touch support of trend line (1300000 - 160000 won).
For long term the market will have hard time breaking ATH.
