$SBUX

Starbucks Corporation has been on my radar, and today marks my first public analysis of the company.
Price hit a yearly high of $104.94/share in January 2026 and faced a strong rejection. Looking at the structure, price retraced into the POI region of $83.06–$85.27, where we saw a strong bounce. If you examine the left side of the chart, this zone previously acted as a range before the December 2025 breakout, which ultimately led to the 2026 yearly high.
Two Scenarios I'm Watching:
1. Bullish Scenario
Bulls push price toward the $93.72 resistance zone, where I expect a reaction. Ideally, I want to see:
A break above $93.72
A retest
Confirmation as support
If that happens, I’ll ladder in.
2. Pullback Opportunity
If price rejects $93.72, I expect a move back into the $83.06–$85.27 demand zone, which would present another sweet loading opportunity, as long as bulls defend the 2025 yearly low.
Patience here. Let price come to you.
#NFA