Apple's stock (AAPL) fell in the intraday levels after reports the company cut Apple Watch, AirPod and orders of other devices from Asian suppliers due to weak demand, with the stock sliding 3.74%, or 4.86 points in the last session, settling at 125.07, with trading volumes surpassing 112.1 million shares, above 10-day averages of 80.3 million shares. 

Technically, the stock breached the pivotal support of 129.04, amid the dominance of the downward trend in the short term, with negative pressure from the 50-day SMA, countered with positive signals from the RSI after reaching oversold levels. 

Therefore we expect more losses for the stock, targeting the support of 116.20, provided it settles below 129.04. 

Expected trend for today: Bearish