Alibaba Group Holding Limited ($BABA) has seen significant trading activity as investors anticipate a rebound in the stock this week. On October 14, a notable purchase of 5,000 call options for October at a strike price of $111 was made at $1.40, suggesting bullish sentiment. The stock recently hit a low of around $102 in pre-market trading, closely approaching its 21-day moving average and a pivot high from July 2023. Analysts are watching for potential support levels, with a low of $101.76 noted as significant, while concerns about a further decline loom if the stock breaks below $100. There is speculation about the stock potentially filling a gap at $96.20 this week, indicating further volatility ahead.