Sure, you could have it bounce. The Slow, or Faerie Fire, or Web, or whatever autocast-on-enemies skill you use is only a dummy spell to make an efficient event for your trigger.
Your trigger, then, would make a modelless invulnerable locust'd dummy caster unit at the position of the Slow-casting unit, order that dummy to Chain Lightning (or whatever bouncing spell you wanted), and then kill that dummy caster. You could do this with any spell you wanted. However, you'd want to make sure that the buff of whatever autocast spell you use is set to last very short, because the AI won't attempt to re-cast on a unit that already has the buff (and it's not pretty to leave unnecessary buffs lying around).