Group 1 - The current technical signal for Alibaba is "sell," with support levels at HKD 106.7 and HKD 102, and a potential drop to HKD 110 is being monitored [1] - As of the latest update, Alibaba's stock price is HKD 110, down 1.52%, having breached both the 10-day moving average (HKD 113.46) and the 30-day moving average (HKD 117.46) [1] - The RSI indicator is at 39, nearing the oversold zone, while the MACD maintains a sell signal, although the bull-bear power indicator suggests a potential bottoming out [1] Group 2 - Key support levels for Alibaba are at HKD 105.3 and a strong support at HKD 101.1, while the primary resistance is at HKD 113.8, with a potential challenge to HKD 119.1 if broken [1] - The Bollinger Bands indicate that the stock price has touched the lower band, and the VR trading ratio shows oversold signals, increasing the probability of a short-term technical rebound to 56% [1] Group 3 - Recent performance of derivatives linked to Alibaba shows significant gains, with a bear certificate from Societe Generale rising 43% and a put option from HSBC increasing by 45% following a 4.18% drop in the stock price [3][4] - Current bullish instruments include UBS call options with a strike price of HKD 118.88 and BOC call options with a strike price of HKD 125.1, while bearish instruments include UBS put options with a strike price of HKD 99.83 [6][8]