Shockwave Medical Inc (SWAV)

[Whalatane]

Steve any opinion on this tweet ?

OldKinderhook (@The Kinderhook Analyst) Tweeted: $SWAV C2 catheter unlikely to get up-mapped in CY24 OPPS rule next month. CMS will not let the TPT payment be added on top of the higher APC 5194 rates. The TPT timing problem is not understood by sell-side. $BSX

$SWAV C2 catheter unlikely to get up-mapped in CY24 OPPS rule next month. CMS will not let the TPT payment be added on top of the higher APC 5194 rates. The TPT timing problem is not understood by sell-side. $BSX pic.twitter.com/icMLLWd5aj

— The Kinderhook Analyst (@OldKinderhook) June 28, 2023

Technically ( in my limited understanding of such ) ...chart looks weak as SWAV failed to break out on the upside and is now testing the bottom level of its recent trading range.

I placed a stop in the mid $260's to reduce my overweight .

Kiwi