Currently, tooltip behaves as follows:

1. Hover

• hover over tooltip
• wait for waitDuration
• wait for fadeInDuration
• displays tooltip
• hover out
• immediately closes tooltip

2. Long press

• long press tooltip
• displays tooltip
• release gesture
• wait for showDuration
• tooltip disappears

I think the documentation can better differentiate between which properties affect hover and which do not, as it was initially confusing without diving into source code.