Starbucks Wave Analysis – 17 March 2026Starbucks CorporationBATS:SBUXFxPro- Starbucks reversed from resistance area - Likely to fall to support level 94.00 Starbucks recently reversed from the resistance area between the strong resistance level 101.40 (which has been reversing the price from January), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from February. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Long-legged Doji. Starbucks can be expected to fall to the next support level 94.00 (which stopped the two previous corrections (ii) and ii).