Vail was able to tumble down the slope in a fraction of time compared to its 2 year slide during the Financial crisis that erased 66% of its equity value. I expect the following run out of Vail Resorts: Some chatter and a uphill trek for MTN's stock price in the short-term, but with the 2019-2020 season cancelled, and the 2020-2021 guidance being cut back most likely. (Not to mention a crazy amount of acquisitions & mounting debt) I expect Vail Resorts to ultimately reach the 'value zone' before it becomes a very enticing long position.
TA interpretation + Personal Research = Not investment advice