Vail Resorts Enters Oversold Territory with RSI Reading of 29.1

Vail Resorts Inc (MTN) stock entered oversold territory with an RSI reading of 29.1 after hitting a low of $131 per share. A bullish investor could see this as a sign of exhaustion in the recent heavy selling and look for entry point opportunities on the buy side. The stock's 52-week range is $129.41 to $175.51, with a current price of $131.70.