small plane like that isn't easy to hover...bigger planes are easier to hover but that is probably not the tip you wanted
I can't hover my DP Ultimate 40 bipe for too long but can hang my u-cando for quite awhile easily. I also haven't been able to hover the Modeltech Magic yet but then again only have under half a dozen flights on it and all were in heavy wind
I usually enter the hover by pulling up from slow level flight. Watch the airspeed and rock the throttle as needed to hold it there. The biggest trick is to get your orientations down regardless of which way the plane is facing you and react as fast as you can as the plane tries to fall out. Also avoid the tendency to over control your corrections which I was doing early on while practicing hovering.
Oh yeah...there is one other tip for hovering I hear from the heli guys..."get a heli"...so I did. I got a Caliber 30 and now can hover inches off the ground
Ok....I probably need some rest based on what I wrote above!