AwesomeStocks Hello! This is an update of our newest alert, EFSH. We are continuing to monitor it for sustainable upside potential. Following yesterdayâs morning alert, EFSH was around 0.23, and in the early afternoon rallied to a high of 0.242, afterwards closing the day at 0.2265. Looking at the chart, EFSH could be positioning for a major bounce opportunity. In the event that EFSH makes a higher high and closes above yesterdayâs close, there exists potential for big upside. EFSH has a 50 day moving average of 0.47, more than 104% from our alert around 0.23. Furthermore, EFSH has a RSI of 29, suggesting the potentially for increased upside. As a reminder, yesterday, the company announced breaking news that could be another catalyst for growth. Here is yesterdayâs announcement: â1847 Projects Revenue of Approximately $20 Million for the Second Quarter of 2023 Representing a 54% Increase Over the Same Period in 2022â - âReaffirming 2023 revenue guidance to exceed $90 millionâ As the company further explains: âNEW YORK, NY / ACCESSWIRE / July 10, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today provided preliminary revenue guidance for the second quarter of 2023. The Company currently projects revenue for the second quarter of 2023 of approximately $20 million, representing year-over-year growth of 54% vs the second quarter 2022. Revenue projections for the second quarter of 2023 have not been reviewed or audited.â Here are some of the companyâs comments from this press release: âMr. Ellery W. Roberts, CEO of 1847 Holdings, commented, "I am pleased to report that our growth and synergy thesis is playing out as we had hoped and that is reflected in the 54% increase in revenue for the second quarter of 2023. To provide additional context, our projected revenue of over $20 million for the second quarter alone is more than 40% of what we generated in all of 2022.â Importantly, as the company explains: âWe attribute this strong performance to the strength of our platform and our ability to support the growth of our portfolio companies, while at the same time improving their profitability. Due to our demonstrated year-over-year and sequential quarterly growth, we are reaffirming our prior guidance of revenue in excess of $90 million in 2023."â This could be another important growth catalyst for the company. We are continuing to monitor this opportunity. Sources: [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [PR8]( [PR9]( [PR10]( [Website]( [Chart]( Happy Trading! 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