Applied Digital Corporation (NASDAQ:APLD) shares are trading lower on Thursday. Some analysts believe the reversal in NVIDIA Corporation (NASDAQ:NVDA) after its strong earnings report is the reason for the move.There is a price level at which many traders will place sell orders if the stock reaches it. If there are enough of these orders, it will form resistance and could put a ceiling over the price. This is why Applied Digital is our Stock of the Day.Many traders fail because they don't have a well-define ...