$AAPL has fallen on various reports that it is cutting down on parts for iPhone.
As it falls, it presents a good buying opportunity (bullish).
Currently, $AAPL has drop to about $500 and is trading near the kumo support.
It has not pierce through the kumo yet suggesting that the bearish trend is not confirmed yet. There is a chance that it will bounce from this level.
However, we need to have a cut-loss in mind at around $497.
