The major pullback appears to have completed on July 30, with price finding support almost perfectly in my 0.55 retracement zone. Since then, the structure has remained constructive, and the reaction from that area suggests buyers are still defending the larger uptrend.

Using a combination of a retracement fan and speed resistance fan, the chart continues to show a pattern of sharp month-to-month advances followed by controlled pullbacks. If that behavior persists, I believe the next upside leg could carry toward the $520 area by October.

My Plan

Pullback support held near the 0.55 zone on 7/30

Looking for continuation higher toward the $440 area
Taking partial profits near $440
Watching for a pullback into the 0.65 fan support zone
Looking to re-enter on confirmation of support
Targeting the 0.80 fib region on the next major move

Risk Area

The most important area on my chart is around $477. Multiple fan levels and projected resistance converge there, making it a likely area for heavy profit-taking and increased selling pressure. For that reason, I would rather exit before price reaches that level than try to capture the final few dollars of upside.

Thesis
Major correction likely completed on July 30.
Momentum favors continuation higher.
Expecting stair-step movement rather than a straight line up.
Looking to trade around the swings while maintaining a bullish bias.
October target remains approximately $520 if current structure remains intact.

Not financial advice. Just sharing my fib fan roadmap for TSM.