Woolworths (WOW) stock is currently under pressure, trading around A$30.09, reflecting a 10% decline since December 2023 due to regulatory scrutiny and public backlash over pricing practices. However, the resolution of wage disputes and anticipated recovery in operations ahead of key trading periods could support a rebound. A bullish view targets A$32–A$34 in the near term, contingent on improved sentiment and operational recovery.